$8,301 Closing Credit*
$699,000
1,800 SqFt
4 Beds
•2 Full Baths
Listing Office: Compass Greater NY, LLC
Is Beacon, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Beacon was a Seller's Market.
Key Takeaway
Beacon is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Beacon, NY
How much do homes in Beacon, NY cost?
Median Sold Price
$521,000
$345/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$31,000(+6.3%)
Key Takeaway
Homes in Beacon have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in Beacon was $521,000 in November 2024, up 6.3% from last year, and the median price per square foot was $345.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $271.5K | $309.9K | +14.1% |
| 2 Bedrooms | $403K | $415K | +3.0% |
| 3 Bedrooms | $472K | $516.2K | +9.4% |
| 4 Bedrooms | $639K | $770K | +20.5% |
| 5+ Bedrooms | $722.5K | $650K | -10.0% |
Summary: Beacon housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.1%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 20.5%, and 5+ bedroom homes decreased by 10%.
Housing Supply in Beacon, NY
How many homes are available in Beacon, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 79 | 54 | -31.6% |
Summary: The Beacon real estate market had 54 homes for sale in November 2024, a 31.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 3 | -40.0% |
| 2 Bedrooms | 15 | 8 | -46.7% |
| 3 Bedrooms | 38 | 26 | -31.6% |
| 4 Bedrooms | 15 | 11 | -26.7% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Beacon housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes decreased by 46.7%, 3 bedroom homes decreased by 31.6%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 5 | -73.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Beacon, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Beacon in November 2024, down by 73.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Beacon, NY
How long does it take to sell a home in Beacon, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 145 Days | 47 Days | -67.8% |
Summary: Homes in Beacon had an average of 47 days on market in Nov 2024, down by 67.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Beacon are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Beacon; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.