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Sarah Mitchell

CNESRESABR

Compass Real Estate · Potsdam, NY

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Potsdam, NY(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Potsdam, NY Housing Market & Real Estate

Buyer's market-35.9% YoY

Housing market overview · Updated monthly ·

$176,250median sale price

How is the Potsdam, NY housing market right now?

The median home sale price in Potsdam, NY is $176,250, down 35.9% year-over-year. Homes sell in an average of 66 days with 18 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Potsdam a buyer's or seller's market?

Buyer's market4.5 months of supply66 avg. days on market

Potsdam, NY is currently a buyer's market, based on 4.5 months of supply and homes selling in about 66 days. How we determine this →

Homes sold

4

Last 12 weeks

Days on market

66

Average pace

Active listings

18

4.5 months supply

Sale-to-list

95.9%

Below asking

What does the Potsdam housing market data show?

Current housing market statistics for Potsdam, NY
MetricValue
Median sale price$176,250
Median list price$267,000
Year-over-year price change-35.9%
Average days on market66 days
Active inventory18 listings
Months of supply4.5 months
Sale-to-list price ratio95.9%
Median price per sq ft$116/sq ft
Homes sold (latest month)4
New listings (latest month)6
Listings with a price cut38.9%
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in Potsdam by property type?

How the Potsdam, NY market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Potsdam, NY
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$176,250$116/sq ft466 days

Source: Redfin · Updated monthly

The Potsdam housing market is currently classified as a buyer's market with a median sale price of $176,250. Prices have fallen 35.9% compared to last year, with homes spending an average of 66 days on market, indicating 4.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 6.0x provides context for how home values compare to local earning capacity.

Homes for sale in Potsdam

There are currently 18 homes listed for sale in Potsdam, New York. The median listing price is $267K.

Active listings

18

Homes on market

Median list price

$267K

Avg. days on market

66

Days until sale

New this week

6

Newly listed

Price drops:38.9%of listings
Sale-to-list:95.9%

Who lives in Potsdam?

Population

8,507

Median income

$32,061/yr

Median age

21.7 years

Owner-occupied

34.5%

College grads

48.7%

Avg commute

15.1 min

Source: U.S. Census Bureau ACS

What are homes worth in Potsdam?

Zillow home value

$192,011

Zillow rent index

$1,245/mo

Price-to-rent ratio

12.9x

Price-to-income

6.0x

Source: Zillow Research

What is it like to live in Potsdam?

Potsdam is a community of approximately 9K residents with a median age of 21.7 years.The median household income is $32,061, which represents a working-class community with solid middle-income opportunities. 48.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 34.5%, showing a blend of owner and renter-occupied properties. The average commute time is 15.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Potsdam offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Potsdam?

3 schools tracked · 1,303 students

The largest public schools serving Potsdam, NY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

LAWRENCE AVENUE ELEMENTARY SCHOOL

Grades PK-4 · 546 students

Public

POTSDAM SENIOR HIGH SCHOOL

Grades 9-12 · 411 students

Public

A A KINGSTON MIDDLE SCHOOL

Grades 5-8 · 346 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Potsdam, NY?

Want a head-to-head view? Compare Potsdam side-by-side with any other U.S. city using our market-comparison tool.

Is Potsdam a good real estate investment market?

For investors evaluating Potsdam, the price-to-rent ratio of 12.9x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 35.9% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Potsdam's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Potsdam's median home price.

Frequently asked questions

What is the average home price in Potsdam?

The median home sale price in Potsdam is $176,250, down 35.9% from last year.

How long do homes stay on market in Potsdam?

Homes typically spend 66 days on market before going under contract.

What is the median income in Potsdam?

The median household income is $32,061 per year.

Is Potsdam a buyer's or seller's market?

With 4.5 months of supply, Potsdam is currently a buyer's market.

What is the Zillow home value estimate for Potsdam?

The Zillow Home Value Index (ZHVI) for Potsdam is $192,011, representing the typical home value in the area.

How much does a single-family home cost in Potsdam?

The median single-family home price in Potsdam, NY is $176,250 (about $116 per square foot).

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