Is Esperance, NY 12066 a buyer’s or seller’s market?
Esperance is a balanced market. With about 4.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Esperance housing market right now
In the three months ending August 31, 2026, 40% of homes in Esperance, NY 12066 sold above their list price, the typical home went under contract in 5 days and there were 4.5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 5 sales, these figures can swing a lot from month to month.
Within Montgomery County, homes here sell faster than in 90% of the county’s ZIP codes, and sell more often over asking than in 80%.
Nearby, buyers who want less competition could look at Palatine Bridge 13428 (0% sold over asking) or Sprakers 12166 (0% sold over asking), while Tribes Hill 12177 (50% sold over asking) and Amsterdam 12010 (49% sold over asking) are even more competitive.
Run the numbers for 12066
Nearby markets
Amsterdam 12010Balanced $134 /sq ftCanajoharie 13317Balanced $123 /sq ftFonda 12068Seller’s market $190 /sq ftFort Hunter 12069 $20 /sq ft Browse all markets →Towns like Esperance nearby
Find towns like Esperance in other states →Where Esperance is
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Questions about Esperance real estate
Is Esperance a buyer’s or seller’s market?
A balanced market: there were 4.5 months of supply in Esperance, NY 12066 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Esperance?
The typical home went under contract in 5 days in the latest three months.
Do homes in Esperance sell over asking?
40% of homes sold above their original list price, and the typical sale closed at 97.2% of the list price.
What are property taxes in Esperance?
About 2.46% of a home’s value a year in Montgomery County, or roughly $9,840 on a $400,000 home.
What is the median home price in Esperance?
The median sale price was $229,901 in the three months ending August 31, 2026, about $192 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology