$5,047 Closing Credit*
$425,000
2,932 SqFt
5 Beds
•2 Full Baths
Hollis A. Creek, Listing Office: Howard Hanna
Is Bloomfield, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Bloomfield has remained a Seller's Market.
Key Takeaway
Bloomfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bloomfield, NY
How much do homes in Bloomfield, NY cost?
Median Sold Price
$285,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$30,000(+11.8%)
Key Takeaway
Homes in Bloomfield have sold for 11.8% more than they did a year ago.
Summary: The median home sold price in Bloomfield was $285,000 in December 2024, up 11.8% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $182K | $243.5K | +33.8% |
| 3 Bedrooms | $257.5K | $290K | +12.6% |
| 4 Bedrooms | $278.5K | $375K | +34.6% |
| 5+ Bedrooms | $551K | $285K | -48.3% |
Summary: Bloomfield housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 33.8%, 3 bedroom homes increased by 12.6%, 4 bedroom homes increased by 34.6%, and 5+ bedroom homes decreased by 48.3%.
Housing Supply in Bloomfield, NY
How many homes are available in Bloomfield, NY?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 9 | 5 | -44.4% |
Summary: The Bloomfield real estate market had 5 homes for sale in December 2024, a 44.4% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 3 | 1 | -66.7% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Bloomfield housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 66.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Bloomfield, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Bloomfield in December 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Bloomfield, NY
How long does it take to sell a home in Bloomfield, NY?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 12 Days | 5 Days | -59.5% |
Summary: Homes in Bloomfield had an average of 5 days on market in Dec 2024, down by 59.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bloomfield are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 1 homes were sold in Bloomfield; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
