May 2024

Spencer Housing Market Report Tioga County, New York

Report Updated 1 Day Ago

Housing Prices in Spencer, NY

How much do homes in Spencer, NY cost?

Median List Price

$199,900

$106/sqft

Based on all homes listed in May 2024.

Difference Since Last Month

-$5,100(-2.5%)

Key Takeaway

The list price of homes in Spencer has decreased by 2.5% since April.

Summary: The median home list price in Spencer was $199,900 in May 2024, down 2.5% from the previous month, and the median price per square foot was $106.

Median List Price By Bedroom Count

# BEDS# BEDROOMS	Apr 2024	May 2024	CHANGE
1 Bedroom	-	-	N/A
2 Bedrooms	$1.2M	$724.4K	-42.0%
3 Bedrooms	$140K	$140K	0.0%
4 Bedrooms	$217.5K	$205K	-5.7%
5+ Bedrooms	-	-	N/A

Summary: Spencer housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 42%, 3 bedroom homes did not change, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes did not change.

Housing Supply in Spencer, NY

How many homes are available in Spencer, NY?

Number of Homes For Sale

Apr 2024	May 2024	CHANGE
5	7	+40.0%

Summary: The Spencer real estate market had 7 homes for sale in May 2024, a 40.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDS# BEDROOMS	Apr 2024	May 2024	CHANGE
1 Bedroom	0	0	0.0%
2 Bedrooms	1	2	+100.0%
3 Bedrooms	2	2	0.0%
4 Bedrooms	2	3	+50.0%
5+ Bedrooms	0	0	0.0%

Summary: The Spencer housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Days on Market for Spencer, NY

How long does it take to sell a home in Spencer, NY?

Average Listing Age

Apr 2024	May 2024	CHANGE
77 Days	73 Days	-5.1%

Summary: Homes in Spencer had an average listing age of 73 days in May 2024, down by 5.1% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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Newest Listings in Spencer, NY

Nearby Markets to Spencer, NY

MLS Disclaimers and Copyright

Based on information from Elmira-Corning Regional Association of REALTORS® MLS, and New York State Alliance of MLS for the period 04/01/2024 - 06/01/2024

IDX IDX Disclaimer/Disclosure: The data on this website relating to real estate for sale comes in part from the IDX Program of the Multiple Listing Service of the Elmira-Corning Regional Association of REALTORS®, Inc.

IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate.

2024 © Elmira-Corning Regional Association of Realtors® Multiple Listing Service
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 6/2/2024, 5:21:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.

© 2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 6/2/2024, 5:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.