Broadalbin Housing Market Report May 2025•Fulton County, New York

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Housing Prices in Broadalbin, NY

How much do homes in Broadalbin, NY cost?

Housing Market Conditions

Is Broadalbin, NY a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Broadalbin is a Seller's Market

Difference Since May 2024

At the same time last year, Broadalbin was a Neutral Market.

Insight

Broadalbin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$249,750$185/SqFt
+$37,250
+17.5%

Based on all homes sold in the last 12 months

Insight

Homes in Broadalbin have sold for 17.5% more than they did a year ago.

Summary: The median home sold price in Broadalbin was $249,750 in May 2025, up 17.5% from last year, and the median price per square foot was $185.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2024May 2025Change YoY
1$185K$112K
-39.5%
2$112K$234.9K
+109.7%
3$285.9K$243.7K
-14.8%
4$115K$293.5K
+155.2%
5$150K$290K
+93.3%

Summary: Broadalbin housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -39.5%. The home price for 2 bedroom homes increased by +109.7%. The home price for 3 bedroom homes decreased by -14.8%. The home price for 4 bedroom homes increased by +155.2%. The home price for 5 bedroom homes increased by +93.3%.

How does Broadalbin, NY compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Broadalbin, NY

Housing supply in Broadalbin, NY

How many homes are available in Broadalbin, NY?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
15Last MonthMay 2025
122 months agoApr 2025
+25.0 %
Change MoMApr – May

Summary: The Broadalbin real estate market had 15 homes for sale in May 2025, a 25.0 % increase compared to Apr 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
3Last MonthMay 2025
22 months agoApr 2025
+50.0 %
Change MoMApr – May

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
111
0.0%
244
0.0%
379
+28.6%
401
+100.0%
500
0.0%

Summary: Broadalbin housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +28.6%. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Broadalbin, NY cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price1 Home

Under Asking Price1 Home

Insight

If you're buying a home in Broadalbin, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Broadalbin in May 2025, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and and 33% were sold over asking.

Days on Market for Broadalbin, NY

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

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days0 Home

Over 90 Days1 Home

Insight

Many homes in Broadalbin are selling fast, if you're buying plan to act quickly.

Summary: During May 2025, 3 homes were sold in Broadalbin; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
75 DaysThis YearMay 2025
112 Days1 year agoMay 2024
-33.5 %
Change YoYMay 2024 – May 2025

Summary: Homes in Broadalbin had an average listing age of 75 days in May 2025, down by 33.5% compared to the previous year.

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Newest Listings in Broadalbin, NY

What homes are available in Broadalbin, NY?

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MLS Disclaimers and Copyright

Based on information from Global MLS, for the period 06/01/2023 - 06/01/2025

IDX The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.

Copyright © 2025 Global Multiple Listing Service, Inc. 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: 6/6/2025, 8:40:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.