Is Theresa, NY 13691 a buyer’s or seller’s market?

The Theresa housing market right now

In the three months ending August 31, 2026, 56% of homes in Theresa, NY 13691 sold above their list price, the typical home went under contract in 51 days and there were 6 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 9 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 50%, homes sold faster (56 days then) and the median sale price fell 24% to $258,889. Overall, Theresa is more competitive than a year ago, so tougher for buyers.

Within Jefferson County, homes here sell faster than in 69% of the county’s ZIP codes, and sell more often over asking than in 90%.

Nearby, buyers who want less competition could look at Redwood 13679 (0% sold over asking) or Depauville 13632 (0% sold over asking), while Great Bend 13643 (100% sold over asking) and Rodman 13682 (100% sold over asking) are even more competitive.