Is Westerlo, NY 12193 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Westerlo is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list99.3%Sold price ÷ list price
Median days on market6Listing to accepted offer
Median price per sq ft$172▼ −19.5% vs. last year

The Westerlo housing market right now

In the three months ending August 31, 2026, 50% of homes in Westerlo, NY 12193 sold above their list price, the typical home went under contract in 6 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, 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 (50% then), homes sold faster (54 days then) and the median sale price fell 42% to $231,900. Overall, Westerlo is more competitive than a year ago, so tougher for buyers.

Within Albany County, homes here sell faster than in 73% of the county’s ZIP codes, and sell less often over asking than in 67%.

Nearby, buyers who want less competition could look at Albany 12207 (0% sold over asking) or Rensselaerville 12147 (0% sold over asking), while Guilderland 12084 (100% sold over asking) and South Bethlehem 12161 (100% sold over asking) are even more competitive.

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 Westerlo is

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Questions about Westerlo real estate

Is Westerlo a buyer’s or seller’s market?

A buyer’s market: there were 6.4 months of supply in Westerlo, NY 12193 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 Westerlo?

The typical home went under contract in 6 days in the latest three months.

Do homes in Westerlo sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 99.3% of the list price.

What are property taxes in Westerlo?

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 Westerlo?

The median sale price was $231,900 in the three months ending August 31, 2026, about $172 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