Green Island Housing Market Report December 2024•Albany County, New York

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Housing Prices in Green Island, NY

How much do homes in Green Island, NY cost?

Housing Market Conditions

Is Green Island, 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

Green Island is a Seller's Market

Difference Since November 2024

Last month, Green Island has remained a Seller's Market.

Insight

Green Island 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.
$130,000$59/SqFt
-$140,750
-52.0%

Based on all homes sold in December 2024

Insight

Homes in Green Island have sold for 52% less than they did a month ago.

Summary: The median home sold price in Green Island was $130,000 in December 2024, down 52% from last month, and the median price per square foot was $59.

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.
BedsNov 2024Dec 2024Change MoM
2-$110K
N/A
3$325K$240K
-26.2%
4--
N/A
5$216.5K$130K
-40.0%
1--
N/A

Summary: Green Island housing price by bedroom type for December 2024, compared to the previous month. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -26.2%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes decreased by -40.0%. The home price for 1 bedroom homes did not change.

Housing supply in Green Island, NY

How many homes are available in Green Island, 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
6Last MonthDec 2024
82 months agoNov 2024
-25.0 %
Change MoMNov – Dec

Summary: The Green Island real estate market had 6 homes for sale in Dec 2024, a 25.0 % decrease compared to Nov 2024.

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 MonthDec 2024
22 months agoNov 2024
+50.0 %
Change MoMNov – Dec

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.
BedsNov 2024Dec 2024Change MoM
211
0.0%
343
-25.0%
400
0.0%
532
-33.3%
100
0.0%

Summary: Green Island housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -25.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -33.3%. The inventory for 1 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Green Island, 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 Price2 Homes

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in Green Island, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Green Island in December 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and and 67% were sold over asking.

Days on Market for Green Island, NY

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

Breakdown of Home Sale Times

Under 30 Days3 Homes

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

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

Summary: During December 2024, 3 homes were sold in Green Island; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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.
Last Month1 month agoChange MoM
17 DaysLast MonthDec 2024
13 Days1 month agoNov 2024
+30.8 %
Change MoMNov – Dec

Summary: Homes in Green Island had an average listing age of 17 days in Dec 2024, up by 30.8% compared to the previous month.

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Newest Listings in Green Island, NY

What homes are available in Green Island, NY?

New listings aren’t available for Green Island, NY

Nearby markets

Nearby markets aren't available for Green Island, NY

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