Is Neversink, 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, Neversink was a Neutral Market.
Housing Prices in Neversink, NY
How much do homes in Neversink, NY cost?
Median Sold Price
$275,000
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Neversink was $275,000 in May 2024, down 9.2% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $268K | - | N/A |
2 Bedrooms | $230K | $219K | -4.8% |
3 Bedrooms | $280K | $277.4K | -0.9% |
4 Bedrooms | $335K | $375K | +11.9% |
5+ Bedrooms | $199K | $599K | +201.0% |
Summary: Neversink 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 4.8%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 201%.
Median Sold Price Compared To Nearby Cities
Grahamsville | $199K | $270K | +35.7% |
Woodbourne | $280K | $309.5K | +10.5% |
Neversink | $303K | $275K | -9.2% |
Housing Supply in Neversink, NY
How many homes are available in Neversink, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
26 | 28 | +7.7% |
Summary: The Neversink real estate market had 28 homes for sale in May 2024, a 7.7% increase 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 | 6 | 5 | -16.7% |
3 Bedrooms | 11 | 12 | +9.1% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Neversink 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 decreased by 16.7%, 3 bedroom homes increased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Neversink in May 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Neversink, NY
How long does it take to sell a home in Neversink, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
31 Days | 123 Days | +288.4% |
Summary: Homes in Neversink had an average of 123 days on market in May 2024, up by 288.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Neversink; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.