#S1586346, Melissa A. Paquette, Listing Office: Coldwell Banker Prime Properties
German Flatts Housing Market Report January 2025•Herkimer County, New York
Housing Prices in German Flatts, NY
How much do homes in German Flatts, NY cost?
Housing Market Conditions
Is German Flatts, NY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
German Flatts is a Neutral Market
Difference Since January 2024
At the same time last year, German Flatts was a Seller's Market.
German Flatts is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in German Flatts have sold for 2.9% less than they did a year ago.
Summary: The median home sold price in German Flatts was $130,000 in January 2025, down 2.9% from last year, and the median price per square foot was $88.
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $118.4K | $113.5K | -4.2% |
33 Bedrooms | $132.5K | $138K | +4.2% |
44 Bedrooms | $138.8K | $149.5K | +7.7% |
55+ Bedrooms | $155K | $99.7K | -35.6% |
Summary: German Flatts housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -4.2%. The home price for 3 bedroom homes increased by +4.2%. The home price for 4 bedroom homes increased by +7.7%. The home price for 5 bedroom homes decreased by -35.6%.
Housing supply in German Flatts, NY
How many homes are available in German Flatts, NY?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
28Last MonthJan 2025 | ||
332 months agoDec 2024 | -15.2 % Change MoMDec – Jan |
Summary: The German Flatts real estate market had 28 homes for sale in Jan 2025, a 15.2 % decrease compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
4Last MonthJan 2025 | ||
82 months agoDec 2024 | -50.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 4 | 4 | 0.0% |
33 Bedrooms | 10 | 9 | -10.0% |
44 Bedrooms | 16 | 12 | -25.0% |
55+ Bedrooms | 3 | 3 | 0.0% |
Summary: German Flatts housing inventory by bedroom type for January 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 decreased by -10.0%. The inventory for 4 bedroom homes decreased by -25.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in German Flatts, NY cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price3 Homes
If you're buying a home in German Flatts, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in German Flatts in January 2025, down by 50.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and and 0% were sold over asking.
Days on Market for German Flatts, NY
How long does it take to sell a home in German Flatts, NY?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days2 Homes
Over 90 Days0 Home
Many homes in German Flatts are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 4 homes were sold in German Flatts; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
25 DaysThis YearJan 2025 | ||
22 Days1 year agoJan 2024 | +13.0 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in German Flatts had an average listing age of 25 days in Jan 2025, up by 13.0% compared to the previous year.
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Newest Listings in German Flatts, NY
What homes are available in German Flatts, NY?
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MLS Disclaimers and Copyright
Based on information from New York State Alliance of MLS, for the period 02/01/2023 - 02/01/2025
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© 2025 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: 2/6/2025, 11:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.