The housing market in St. Johnsville continues to see strong price appreciation, with values up 17.2% compared to last year. The median home price of $187,500 represents a substantial 17.2% increase from this time last year. At the current pace, all available homes in St. Johnsville would sell out in just 1.5 months, indicating a continued supply shortage. Homes are now taking an average of 70 days to sell, significantly longer than the 18 days typical for this market. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. Approximately 25.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the St. Johnsville market with the affordability index at 550.7. Based on current market indicators, home prices in St. Johnsville are projected to decrease by approximately 17.7% over the next month.
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