Is South Fallsburg, NY 12779 a buyer’s or seller’s market?
South Fallsburg is a buyer’s market. With about 17.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The South Fallsburg housing market right now
In the three months ending August 31, 2026, 100% of homes in South Fallsburg, NY 12779 sold above their list price, the typical home went under contract in 25 days and there were 17.6 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 rose from 60%, homes sold faster (41 days then) and the median sale price fell 31% to $272,382. Overall, South Fallsburg is more competitive than a year ago, so tougher for buyers.
Within Sullivan County, homes here sell faster than in 91% of the county’s ZIP codes, and sell more often over asking than in 94%.
Nearby, buyers who want less competition could look at Woodbourne 12788 (0% sold over asking) or White Lake 12786 (0% sold over asking).
Run the numbers for 12779
Nearby markets
Barryville 12719Buyer’s market $336 /sq ftBethel 12720 — /sq ftBloomingburg 12721Balanced $234 /sq ftCallicoon 12723Balanced $275 /sq ft Browse all markets →Towns like South Fallsburg nearby
Find towns like South Fallsburg in other states →Where South Fallsburg is
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Questions about South Fallsburg real estate
Is South Fallsburg a buyer’s or seller’s market?
A buyer’s market: there were 17.6 months of supply in South Fallsburg, NY 12779 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 South Fallsburg?
The typical home went under contract in 25 days in the latest three months.
Do homes in South Fallsburg sell over asking?
100% of homes sold above their original list price, and the typical sale closed at 115.1% of the list price.
What are property taxes in South Fallsburg?
About 2.00% of a home’s value a year in Sullivan County, or roughly $8,000 on a $400,000 home.
What is the median home price in South Fallsburg?
The median sale price was $272,382 in the three months ending August 31, 2026, about $216 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