Is Malone, NY 12953 a buyer’s or seller’s market?

The Malone housing market right now

In the three months ending August 31, 2026, 29% of homes in Malone, NY 12953 sold above their list price, the typical home went under contract in 76 days and there were 7.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 22 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 13%, homes sold more slowly (53 days then) and the median sale price fell 18% to $123,946. Overall, Malone is more competitive than a year ago, so tougher for buyers.

Within Franklin County, homes here sell more slowly than in 71% of the county’s ZIP codes, and sell more often over asking than in 65%. On our competition score, Malone ranks #592 of 649 NY ZIP codes with enough sales (score 25 out of 100).

Nearby, buyers who want less competition could look at Saint Regis Falls 12980 (0% sold over asking) or Rainbow Lake 12976 (0% sold over asking), while Bombay 12914 (100% sold over asking) and Paul Smiths 12970 (75% sold over asking) are even more competitive.