Is Stephentown, NY 12168 a buyer’s or seller’s market?
Stephentown is a seller’s market. With about 1.3 months of supply and 40% 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 Stephentown housing market right now
In the three months ending August 31, 2026, 40% of homes in Stephentown, NY 12168 sold above their list price, the typical home went under contract in 8 days and there were 1.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 25%, homes sold faster (10 days then) and the median sale price fell 10% to $264,885. Overall, Stephentown is more competitive than a year ago, so tougher for buyers.
Within Rensselaer County, homes here sell faster than in 65% of the county’s ZIP codes, and sell less often over asking than in 78%.
Nearby, buyers who want less competition could look at Stephentown 12169 (0% sold over asking) or East Schodack 12063 (0% sold over asking), while Sand Lake 12153 (100% sold over asking) and Valley Falls 12185 (100% sold over asking) are even more competitive.
Run the numbers for 12168
Nearby markets
Averill Park 12018Seller’s market $235 /sq ftBerlin 12022Seller’s market $221 /sq ftCastleton On Hudson 12033Seller’s market $213 /sq ftCropseyville 12052Seller’s market $233 /sq ft Browse all markets →Towns like Stephentown nearby
Find towns like Stephentown in other states →Where Stephentown is
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Questions about Stephentown real estate
Is Stephentown a buyer’s or seller’s market?
A seller’s market: there were 1.3 months of supply in Stephentown, NY 12168 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 Stephentown?
The typical home went under contract in 8 days in the latest three months.
Do homes in Stephentown sell over asking?
40% of homes sold above their original list price, and the typical sale closed at 104.3% of the list price.
What are property taxes in Stephentown?
About 2.05% of a home’s value a year in Rensselaer County, or roughly $8,200 on a $400,000 home.
What is the median home price in Stephentown?
The median sale price was $264,885 in the three months ending August 31, 2026, about $243 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