Is Stony Point, 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, Stony Point has remained a Seller's Market.
Housing Prices in Stony Point, NY
How much do homes in Stony Point, NY cost?
Median Sold Price
$605,000
$292/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Stony Point was $605,000 in May 2024, up 10% from last year, and the median price per square foot was $292.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $345K | $375K | +8.7% |
3 Bedrooms | $495K | $511K | +3.2% |
4 Bedrooms | $600K | $630K | +5.0% |
5+ Bedrooms | $775K | $889K | +14.7% |
Summary: Stony Point 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 8.7%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 14.7%.
Median Sold Price Compared To Nearby Cities
Stony Point | $550K | $605K | +10.0% |
Thiells | $615K | $622.5K | +1.2% |
Housing Supply in Stony Point, NY
How many homes are available in Stony Point, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
63 | 73 | +15.9% |
Summary: The Stony Point real estate market had 73 homes for sale in May 2024, a 15.9% 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 | 3 | 2 | -33.3% |
3 Bedrooms | 11 | 18 | +63.6% |
4 Bedrooms | 26 | 34 | +30.8% |
5+ Bedrooms | 22 | 18 | -18.2% |
Summary: The Stony Point 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 33.3%, 3 bedroom homes increased by 63.6%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes decreased by 18.2%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 15 | +66.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Stony Point in May 2024, up by 66.7% month-over-month. Of the 15 sold homes, 47% were sold under asking, 7% were sold at asking, and 47% were sold over asking.
Days on Market for Stony Point, NY
How long does it take to sell a home in Stony Point, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
37 Days | 47 Days | +26.7% |
Summary: Homes in Stony Point had an average of 47 days on market in May 2024, up by 26.7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 15 homes were sold in Stony Point; 47% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.