Is Fonda, NY 12068 a buyer’s or seller’s market?
Fonda is a seller’s market. With about 2.1 months of supply and 17% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Fonda housing market right now
In the three months ending August 31, 2026, 17% of homes in Fonda, NY 12068 sold above their list price, the typical home went under contract in 31 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 6 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 25%, homes sold faster (37 days then) and the median sale price rose 18% to $245,644. Overall, Fonda is less competitive than a year ago, which gives buyers more room.
Within Montgomery County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell less often over asking than in 60%.
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 12068
Nearby markets
Amsterdam 12010Balanced $134 /sq ftCanajoharie 13317Balanced $123 /sq ftEsperance 12066Balanced $192 /sq ftFort Hunter 12069 $20 /sq ft Browse all markets →Towns like Fonda nearby
Find towns like Fonda in other states →Where Fonda is
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Questions about Fonda real estate
Is Fonda a buyer’s or seller’s market?
A seller’s market: there were 2.1 months of supply in Fonda, NY 12068 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 Fonda?
The typical home went under contract in 31 days in the latest three months.
Do homes in Fonda sell over asking?
17% of homes sold above their original list price, and the typical sale closed at 100.4% of the list price.
What are property taxes in Fonda?
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 Fonda?
The median sale price was $245,644 in the three months ending August 31, 2026, about $190 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