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Featured local agent — Spafford, NY
Sarah Mitchell
Compass Real Estate · Spafford, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Spafford, NY Housing Market
The last median sale price Redfin published was $637,500 (through May 2026). With 5.0 months of supply and homes going under contract in about 3 days, Spafford is a seller's market. At today's 6.66% 30-year fixed rate, 20% down on a $637,500 home is about $3,277/mo in principal and interest.
Key numbers for Spafford, NY
Median sale price
$637,500
Last published period
Redfin, through May 2026
Days on market
3
Fast-moving
Redfin, through May 2026
Active listings
10
5.0 months of supply
Redfin, through May 2026
30-yr fixed rate
6.66%
Freddie Mac weekly average
Freddie Mac via FRED, August 2026
Sale-to-list ratio
106.9%
Selling above asking
Redfin, through May 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Spafford a buyer's or seller's market?
Spafford, NY is a seller's market, based on 5.0 months of supply and homes selling in about 3 days. 4 to 5 months of supply is the neutral band: neither side holds a structural advantage, and outcomes turn on the individual property.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Spafford housing market data show?
Every row below is Redfin's final published month for Spafford, NY. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $637,500 |
| Median list price | $419,900 |
| Median price per sq ft | $331/sq ft |
| Median days on market | 3 days |
| Active inventory | 10 listings |
| Months of supply | 5.0 months |
| Sale-to-list price ratio | 106.9% |
| Homes sold (that month) | 2 |
| New listings (that month) | 9 |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Spafford is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Spafford is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Spafford home prices moved?
Over the last three years the median sale price in Spafford, NY fell 58.4%, from $1.53M to $637,500. For prices to fall meaningfully from here, supply would have to keep building past 5.0 months while the sale-to-list ratio slips below its current 106.9%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Spafford?
Priced off the median sale price of $637,500 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $127,500 | $510,000 | $3,277/mo |
| 5% | $31,875 | $605,625 | $3,892/mo |
Redfin, through May 2026 for the price · Freddie Mac via FRED, August 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $3,277, that implies roughly $140,460 a year before you add taxes and insurance. We do not hold a Census income figure for Spafford, so we cannot compare that threshold to local earnings.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Spafford in the next 12 months?
Tell us your timeline. We send the Spafford market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Spafford?
Zillow does not publish a rent index (ZORI) for Spafford, NY, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Spafford?
Active listings in Spafford, NY went from 5 in January 2025 to 10 in May 2026, a +100.0% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| February 2025 | 4 | not published |
| June 2025 | 15 | 7 |
| July 2025 | 11 | 4 |
| August 2025 | 8 | 3 |
| September 2025 | 8 | 3 |
| October 2025 | 9 | 5 |
| November 2025 | 5 | not published |
| December 2025 | 5 | not published |
| January 2026 | 5 | not published |
| February 2026 | 4 | 1 |
| April 2026 | 3 | 1 |
| May 2026 | 10 | 9 |
Redfin, through May 2026
How does Spafford compare to New York and the U.S.?
Spafford homes sell for $637,500 — 3% above the New York median of $620,500. Against the national median of $410,700, Spafford runs 55% higher.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Spafford, NY | $637,500 | not published | 3 days |
| New York statewide | $620,500 | +5.1% | 42 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Spafford
What buyers should watch
- Months of supply, currently 5.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The gap between 5% and 20% down here is $615 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 6.66%, every full point of rate change moves the payment on a $637,500 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Spafford listing goes under contract in 3 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 106.9% of asking. Price at the number you want and let competition do the rest.
- In the last published month Spafford added 9 new listings against 2 sales — more competition arriving than clearing, so early timing matters.
- Comparable ZIP-level pricing inside Spafford varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Spafford
There are currently 10 homes listed for sale in Spafford, New York. The median listing price is $420K.
Active listings
10
Homes on market
Median list price
$420K
Avg. days on market
3
Days until sale
New this week
9
Newly listed
How much do homes cost in Spafford by property type?
How the Spafford, NY market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $637,500 | $331/sq ft | 2 | 3 days |
Which cities are near Spafford, NY?
Ordered by distance from Spafford, not by size. Compare Spafford side by side with any of them.
Spafford housing market FAQ
Is Spafford a buyer's or seller's market?
Spafford, NY is currently a seller's market. That read comes from 5.0 months of supply, homes going under contract in about 3 days, and sellers getting 106.9% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Spafford?
The median sale price in the last month Redfin published was $637,500, about $331 per square foot.
Is Spafford cheaper than the rest of New York?
Spafford's median sale price of $637,500 is 3% higher than the New York statewide median of $620,500, and 55% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Spafford?
Homes in Spafford, NY spent a median of 3 days on market before going under contract, versus 42 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)
What income do you need to buy a home in Spafford?
At the current 30-year fixed rate of 6.66%, 20% down on a $637,500 home is about $3,277 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $140,460 a year before taxes, insurance, HOA dues or mortgage insurance.
Are home prices rising in Spafford?
We do not hold a complete 12-month value series for Spafford, NY yet, so we are not going to call a direction. The price chart above shows every period we do have.
What are the cheapest ZIP codes in Spafford?
Spafford ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Spafford?
That depends on your timeline, not on a headline. What the data says today: Spafford, NY is a seller's market with 5.0 months of supply, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.
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One email: what homes are actually clearing at around $637,500, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.