Is Rush, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Rush has remained a Seller's Market.
Key Takeaway
Rush is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rush, NY
How much do homes in Rush, NY cost?
Median Sold Price
$327,500
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Rush have sold for 18% more than they did a year ago.
Summary: The median home sold price in Rush was $327,500 in May 2024, up 18% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $275K | $158K | -42.5% |
| 3 Bedrooms | $281.7K | $295.5K | +4.9% |
| 4 Bedrooms | $275.5K | $390K | +41.6% |
| 5+ Bedrooms | - | $469K | N/A |
Summary: Rush 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 decreased by 42.5%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 41.6%, and 5+ bedroom homes did not change.
Housing Supply in Rush, NY
How many homes are available in Rush, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Summary: The Rush real estate market had 11 homes for sale in May 2024, a 8.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Rush 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 remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rush, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Rush in May 2024, up by 100.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Rush, NY
How long does it take to sell a home in Rush, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 9 Days | 6 Days | -33.3% |
Summary: Homes in Rush had an average of 6 days on market in May 2024, down by 33.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Rush are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 4 homes were sold in Rush; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
