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Is South Bethlehem, NY 12161 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

South Bethlehem is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list99.9%Share of sales, last 3 months
Median sale-to-list115.3%Sold price ÷ list price
Median days on market5Listing to accepted offer
Median price per sq ft$105▼ −38.9% vs. last year

The South Bethlehem housing market right now

In the three months ending August 31, 2026, 100% of homes in South Bethlehem, NY 12161 sold above their list price and the typical home went under contract in 5 days. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (100% then), homes sold faster (22 days then) and the median sale price fell 18% to $270,883. Overall, South Bethlehem is more competitive than a year ago, so tougher for buyers.

Within Albany County, homes here sell faster than in 93% of the county’s ZIP codes, and sell more often over asking than in 97%.

Nearby, buyers who want less competition could look at Albany 12207 (0% sold over asking) or Rensselaerville 12147 (0% sold over asking).

Run the numbers for 12161

Prefilled for 12161Can I win this house?Multiple-offer likelihood for a listing Prefilled for 12161Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Albany 12202Seller’s market $118 /sq ftAlbany 12203Seller’s market $213 /sq ftAlbany 12204Seller’s market $211 /sq ftAlbany 12205Seller’s market $245 /sq ft Browse all markets →

Where South Bethlehem is

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Questions about South Bethlehem real estate

How fast do homes sell in South Bethlehem?

The typical home went under contract in 5 days in the latest three months.

Do homes in South Bethlehem sell over asking?

100% of homes sold above their original list price, and the typical sale closed at 115.3% of the list price.

What are property taxes in South Bethlehem?

About 1.77% of a home’s value a year in Albany County, or roughly $7,080 on a $400,000 home.

What is the median home price in South Bethlehem?

The median sale price was $270,883 in the three months ending August 31, 2026, about $105 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