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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bethel is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Bethel was a Seller's Market.

Key Takeaway

Bethel is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Bethel, NY

How much do homes in Bethel, NY cost?

Median Sold Price

$285,000

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$8,000(+2.9%)

Key Takeaway

Homes in Bethel have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in Bethel was $285,000 in November 2024, up 2.9% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $186.7K$101.5K
-45.6%
2 $210K$212.5K
+1.2%
3 $280K$330K
+17.9%
4 $510K$655K
+28.4%
5+ $710K$800K
+12.7%

Summary: Bethel housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 45.6%, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 28.4%, and 5+ bedroom homes increased by 12.7%.

Median Sold Price Compared To Nearby Cities

Thompson
+25.0%
Bethel
+2.9%

Housing Supply in Bethel, NY

How many homes are available in Bethel, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7464-13.5%

Summary: The Bethel real estate market had 64 homes for sale in November 2024, a 13.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 2116
-23.8%
3 3736
-2.7%
4 128
-33.3%
5+ 33
0.0%

Summary: The Bethel housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 23.8%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
96-33.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bethel, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Bethel in November 2024, down by 33.3% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for Bethel, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
44 Days97 Days+117.2%

Summary: Homes in Bethel had an average of 97 days on market in Nov 2024, up by 117.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Bethel has remained consistent over time.

Summary: During November 2024, 6 homes were sold in Bethel; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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 20 Days Ago

Newest Listings in Bethel, NY

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