Is Broome a buyer's or seller's market right now?

Broome is currently a seller's market with 2.5 months of supply. Homes are selling at 91.3% of list price. The Ridley Sell Score for Broome is 49/100 (Cooling), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Broome?

The median home price in Broome is $142,550. The median price per square foot is $116. Homes sell in a median of 53 days with a sale-to-list ratio of 91.3%.

How much does it cost to sell a home in Broome, New York?

On a $142,550 home in Broome, a traditional listing agent charges around $4,277 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $11,404 or more. With Ridley Essentials ($999) you save $3,278, and with Ridley Pro ($3,499) you save $778 while getting full agent support.

How does Ridley's flat fee compare to a traditional Broome agent?

A traditional Broome listing agent typically charges 3% of the sale price — about $4,277 on a $142,550 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $3,278–$778 compared to a traditional agent.

How long does it take to sell a home in Broome?

The median home in Broome currently spends 53 days on the market before going under contract. At a 91.3% sale-to-list ratio, sellers are seeing some negotiation. Only 20% of listings see a price drop, suggesting sellers can hold firm on pricing.

Do I need a real estate agent to sell in New York?

No. New York does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $142,550 home, that could save you up to $778.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in New York. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $4,277 commission.

National/New York

Broome, NY

Is Now a Good Time to Sell in Broome, New York?

The median home in Broome sells for $142,550. The average seller pays $4,277 in commissions — Ridley’s flat fee saves you $778.

Broome Real Estate Market Conditions — April 2026

49out of 100

Ridley Sell Score

How it's scored →

Cooling

49/100

The market is shifting — strategic pricing and presentation matter more.

What this means for sellers

The Broome market is cooling, and sellers need to be strategic. Buyers have more options and are negotiating harder. Invest in staging and professional photography to differentiate your listing. Flexibility on terms can make the difference in attracting serious buyers.

Inventory TightnessFavors sellers

2.5 months of supply — below the 5-month balanced threshold — 4% above the New York average of 2.4.

Price MomentumNeutral

Prices flat 0% year-over-year — vs. +16.2% statewide.

Seller LeverageFavors buyers

Homes selling at 91.3% of asking — buyers are negotiating 8.7% below list. New York average is 98.4%.

Bidding ActivityFavors buyers

0% of homes selling above list price — 100% below the New York average of 33.9%.

Sale SpeedFavors sellers

53 median days on market — 23 days faster than the New York average.

Market UrgencyFavors buyers

0% of listings go pending within 2 weeks — vs. 16.2% statewide.

Price StabilityNeutral

20% of listings have dropped their price. New York average is 13.1%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$142,550

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$116

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

91.3%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

2.5

Seller’s market

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Not Very Competitive

Price Drops

Percentage of active listings that had a price reduction.

20%

Pricing matters

Data updated April 2026

Get AI-powered market intelligence

Personalized pricing signals, demand shifts, and Sell Score changes for Broome — delivered monthly.

Your savings

How much can you save selling your home in Broome?

The average Broome homeowner saves $778 by selling with Ridley instead of paying the traditional 3% listing commission on a $142,550 home.

$0Estimated savings

That covers your moving costs — save 0.5% of your home value

Your Broome home value

$142,550

$50,000$10M

Traditional Agent (3%)

$4,277

Ridley Pro (flat fee)

$3,499

Ready to sell in Broome?

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Cost comparison

How much does it cost to sell a house in Broome?

The total cost to sell a house in Broome in 2026 ranges from $999 with Ridley Essentials to approximately $4,277 with a traditional 3% commission on a $142,550 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$4,277	$3,499	$999	$0
Buyer agent	$3,9912.8% avg	$2,851~2% avg	$2,851~2% avg	$3,9912.8% avg
Closing costs (~1.5%)	$2,138	$2,138	$2,138	$2,138
Total cost	$10,406	$8,488	$5,988	$6,129
Net proceeds	$132,144	$134,062	$136,562	$136,421
You save	—	$1,918	$4,418	$4,277No support