#R1598261, Suzanne Darling GRI, Listing Office: EXIT Realty Homeward Bound
Otsego County Housing Market Report March 2025•Otsego County, New York
Housing Prices in Otsego County, NY
How much do homes in Otsego County, NY cost?
Housing Market Conditions
Is Otsego County, NY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Otsego County is a Seller's Market
Difference Since March 2024
At the same time last year, Otsego County was a Buyer's Market.
Otsego County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Otsego County have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in Otsego County was $210,000 in March 2025, up 3.7% from last year, and the median price per square foot was $129.
Median Sold Price By Counties
City | Mar 2024 | Mar 2025 | Change YoY |
---|---|---|---|
Madison County | $214.5K | $248K | +15.6% |
Chenango County | $148.7K | $166.4K | +12.0% |
Delaware County | $228.6K | $253K | +10.6% |
Schoharie County | $217.7K | $227.9K | +4.7% |
Otsego County | $202.5K | $210K | +3.7% |
Median Sold Price By Bedrooms
Beds | Mar 2024 | Mar 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $154.2K | $135K | -12.5% |
22 Bedrooms | $176.5K | $175K | -0.8% |
33 Bedrooms | $199K | $200K | 0.5% |
44 Bedrooms | $224K | $265K | +18.3% |
55+ Bedrooms | $261.5K | $250K | -4.4% |
Summary: Otsego County housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -12.5%. The home price for 2 bedroom homes decreased by -0.8%. The home price for 3 bedroom homes increased by 0.5%. The home price for 4 bedroom homes increased by +18.3%. The home price for 5 bedroom homes decreased by -4.4%.
How does Otsego County, NY compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Otsego County, NY
Housing supply in Otsego County, NY
How many homes are available in Otsego County, NY?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
178Last MonthMar 2025 | ||
1762 months agoFeb 2025 | +1.1 % Change MoMFeb – Mar |
Summary: The Otsego County real estate market had 178 homes for sale in Mar 2025, a 1.1 % increase compared to Feb 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
30Last MonthMar 2025 | ||
252 months agoFeb 2025 | +20.0 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
Beds | Feb 2025 | Mar 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 5 | 5 | 0.0% |
22 Bedrooms | 20 | 22 | +10.0% |
33 Bedrooms | 73 | 72 | -1.4% |
44 Bedrooms | 34 | 32 | -5.9% |
55+ Bedrooms | 44 | 47 | +6.8% |
Summary: Otsego County housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +10.0%. The inventory for 3 bedroom homes decreased by -1.4%. The inventory for 4 bedroom homes decreased by -5.9%. The inventory for 5 bedroom homes increased by +6.8%.
Asking Price vs. Sold Price
How much do homes in Otsego County, NY cost?
Over Asking Price6 Homes
At Asking Price6 Homes
Under Asking Price18 Homes
If you're buying a home in Otsego County, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in Otsego County in March 2025, up by 20.0% month-over-month. Of the 30 sold homes, 60% were sold under asking, 20% were sold at asking, and and 20% were sold over asking.
Days on Market for Otsego County, NY
How long does it take to sell a home in Otsego County, NY?
Breakdown of Home Sale Times
Under 30 Days12 Homes
30 – 90 Days9 Homes
Over 90 Days9 Homes
Many homes in Otsego County are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 30 homes were sold in Otsego County; 40% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
66 DaysThis YearMar 2025 | ||
85 Days1 year agoMar 2024 | -21.8 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Otsego County had an average listing age of 66 days in Mar 2025, down by 21.8% compared to the previous year.
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Newest Listings in Otsego County, NY
What homes are available in Otsego County, NY?
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MLS Disclaimers and Copyright
Based on information from New York State Alliance of MLS, Global MLS, OneKey MLS, and Hudson Valley Catskill Region MLS for the period 04/01/2023 - 04/01/2025

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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: 4/8/2025, 12:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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: 4/8/2025, 12:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2025, OneKey™ MLS. 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: 4/7/2025, 11:56:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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: 4/8/2025, 12:15:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.