Newfane, NY

Strong seller's market-14.3% YoY

Housing market overview · Updated weekly

$162,900median sale price

Homes sold

3

Last 12 weeks

Days on market

13

Fast-moving

Active listings

5

1.7 months supply

Sale-to-list

96.2%

Below asking

The Newfane housing market is currently classified as a strong seller's market with a median sale price of $162,900. Prices have fallen 14.3% compared to last year, with homes spending an average of 13 days on market, indicating 1.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Newfane

There are currently 5 homes listed for sale in Newfane, Ny.

Active listings

5

Homes on market

Avg. days on market

13

Days until sale

Price drops:60.0%of listings
Sale-to-list:96.2%

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Frequently asked questions

What is the average home price in Newfane?

The median home sale price in Newfane is $162,900, down 14.3% from last year.

How long do homes stay on market in Newfane?

Homes typically spend 13 days on market before going under contract.

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

With 1.7 months of supply, Newfane is currently a strong seller's market.

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