Is Amboy, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Amboy is a seller's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Amboy was a Buyer's Market.

Key Takeaway

Amboy is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Amboy, NY

How much do homes in Amboy, NY cost?

Median Sold Price

$169,950

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$69,950(+70.0%)

Key Takeaway

Homes in Amboy have sold for 70% more than they did a year ago.

Summary: The median home sold price in Amboy was $169,950 in May 2024, up 70% from last year, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$75K
N/A
2 $100K$144K
+44.0%
3 $158K$189.2K
+19.8%
4 $63K$240.5K
+281.7%
5+ -$207.5K
N/A

Summary: Amboy 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 44%, 3 bedroom homes increased by 19.8%, 4 bedroom homes increased by 281.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Amboy
+70.0%
Williamstown
+32.0%
Bernhards Bay
+8.2%

Housing Supply in Amboy, NY

How many homes are available in Amboy, NY?

Number of Homes For Sale

Apr 2024May 2024CHANGE
710+42.9%

Summary: The Amboy real estate market had 10 homes for sale in May 2024, a 42.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 12
+100.0%
3 34
+33.3%
4 23
+50.0%
5+ 00
0.0%

Summary: The Amboy 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 33.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
04+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Amboy, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Amboy in May 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Amboy, NY

How long does it take to sell a home in Amboy, NY?

Average Sale Time

May 2023May 2024CHANGE
3 Days49 Days+1533.3%

Summary: Homes in Amboy had an average of 49 days on market in May 2024, up by 1533.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Amboy are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 4 homes were sold in Amboy; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Amboy, NY

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