Is Olmstedville, NY 12857 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Olmstedville is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list96.1%Sold price ÷ list price
Median days on market70Listing to accepted offer
Median price per sq ft$432▲ +48.3% vs. last year

The Olmstedville housing market right now

In the three months ending August 31, 2026, 50% of homes in Olmstedville, NY 12857 sold above their list price, the typical home went under contract in 70 days and there were 4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 4 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 0%, homes sold more slowly (10 days then) and the median sale price rose 263% to $762,170. Overall, Olmstedville is more competitive than a year ago, so tougher for buyers.

Within Essex County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 90%.

Nearby, buyers who want less competition could look at Westport 12993 (0% sold over asking) or Moriah 12960 (0% sold over asking), while Keene Valley 12943 (100% sold over asking) and Wilmington 12997 (67% sold over asking) are even more competitive.

Nearby markets

Crown Point 12928Buyer’s market $224 /sq ftElizabethtown 12932Buyer’s market $255 /sq ftEssex 12936Seller’s market $236 /sq ftJay 12941Balanced $234 /sq ft Browse all markets →

Where Olmstedville is

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Questions about Olmstedville real estate

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

A balanced market: there were 4 months of supply in Olmstedville, NY 12857 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 Olmstedville?

The typical home went under contract in 70 days in the latest three months.

Do homes in Olmstedville sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 96.1% of the list price.

What are property taxes in Olmstedville?

About 1.47% of a home’s value a year in Essex County, or roughly $5,880 on a $400,000 home.

What is the median home price in Olmstedville?

The median sale price was $762,170 in the three months ending August 31, 2026, about $432 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