Is Jay, NY 12941 a buyer’s or seller’s market?

The Jay housing market right now

In the three months ending August 31, 2026, 15% of homes in Jay, NY 12941 sold above their list price, the typical home went under contract in 70 days and there were 5.4 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. That’s based on 13 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 10%, homes sold faster (210 days then) and the median sale price fell 24% to $298,871. Overall, Jay 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 65%.

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.