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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Argyle is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Argyle, NY

How much do homes in Argyle, NY cost?

Median Sold Price

$299,900

$195/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,400(+1.8%)

Key Takeaway

Homes in Argyle have sold for 1.8% more than they did a year ago.

Summary: The median home sold price in Argyle was $299,900 in October 2024, up 1.8% from last year, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$120K
N/A
2 $324.9K$237.5K
-26.9%
3 $284.5K$360K
+26.5%
4 $320K$307.4K
-3.9%
5+ -$318K
N/A

Summary: Argyle housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 26.9%, 3 bedroom homes increased by 26.5%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes did not change.

Housing Supply in Argyle, NY

How many homes are available in Argyle, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1918-5.3%

Summary: The Argyle real estate market had 18 homes for sale in October 2024, a 5.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 44
0.0%
3 119
-18.2%
4 21
-50.0%
5+ 13
+200.0%

Summary: The Argyle housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 18.2%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
28+300.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Argyle, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Argyle in October 2024, up by 300.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 38% were sold at asking, and 25% were sold over asking.

Days on Market for Argyle, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
82 Days59 Days-28.0%

Summary: Homes in Argyle had an average of 59 days on market in Oct 2024, down by 28% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 8 homes were sold in Argyle; 63% of homes were sold within 30 days, 13% 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 17 Days Ago

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