Is Holmes, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Holmes was a Buyer's Market.
Housing Prices in Holmes, NY
How much do homes in Holmes, NY cost?
Median Sold Price
$474,000
$285/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Holmes was $474,000 in May 2024, up 9.3% from last year, and the median price per square foot was $285.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $285K | N/A |
2 Bedrooms | $357.5K | $527.5K | +47.6% |
3 Bedrooms | $468.5K | $479.5K | +2.3% |
4 Bedrooms | $595K | $500K | -16.0% |
5+ Bedrooms | $535K | $382K | -28.6% |
Summary: Holmes housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 47.6%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 16%, and 5+ bedroom homes decreased by 28.6%.
Median Sold Price Compared To Nearby Cities
Stormville | $493.8K | $590K | +19.5% |
Patterson | $392.5K | $447K | +13.9% |
Beekman | $405K | $449K | +10.9% |
Holmes | $433.5K | $474K | +9.3% |
Poughquag | $507.5K | $475K | -6.4% |
Housing Supply in Holmes, NY
How many homes are available in Holmes, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 22 | +37.5% |
Summary: The Holmes real estate market had 22 homes for sale in May 2024, a 37.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 8 | 14 | +75.0% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Holmes housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 75%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 5 | +25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Holmes in May 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Holmes, NY
How long does it take to sell a home in Holmes, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
34 Days | 87 Days | +158.2% |
Summary: Homes in Holmes had an average of 87 days on market in May 2024, up by 158.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Holmes; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.