$3,076 Closing Credit*
$259,000
1,000 SqFt
3 Beds
•1 Full Bath
Listing Office: A Malik Real Estate
Is Blooming Grove, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Blooming Grove was a Seller's Market.
Key Takeaway
Blooming Grove is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Blooming Grove, NY
How much do homes in Blooming Grove, NY cost?
Median Sold Price
$465,000
$242/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,000(+3.3%)
Key Takeaway
Homes in Blooming Grove have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in Blooming Grove was $465,000 in October 2024, up 3.3% from last year, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $196K | $189K | -3.6% |
| 2 Bedrooms | $245K | $240K | -2.0% |
| 3 Bedrooms | $442K | $475K | +7.5% |
| 4 Bedrooms | $535K | $547.5K | +2.3% |
| 5+ Bedrooms | $572.5K | $720K | +25.8% |
Summary: Blooming Grove housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.6%, 2 bedroom homes decreased by 2%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 25.8%.
Median Sold Price Compared To Nearby Cities
| South Blooming Grove | $609.5K | $660K | +8.3% |
| Highland Mills | $482K | $500K | +3.7% |
| Blooming Grove | $450K | $465K | +3.3% |
| Washingtonville | $470K | $482.5K | +2.7% |
Housing Supply in Blooming Grove, NY
How many homes are available in Blooming Grove, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 142 | 142 | 0.0% |
Summary: The Blooming Grove real estate market had 142 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 7 | +16.7% |
| 2 Bedrooms | 23 | 20 | -13.0% |
| 3 Bedrooms | 58 | 58 | 0.0% |
| 4 Bedrooms | 46 | 45 | -2.2% |
| 5+ Bedrooms | 9 | 12 | +33.3% |
Summary: The Blooming Grove housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes decreased by 13%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 23 | -4.2% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Blooming Grove, you may be able to get a good deal. 52.2% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Blooming Grove in October 2024, down by 4.2% month-over-month. Of the 23 sold homes, 52% were sold under asking, 17% were sold at asking, and 30% were sold over asking.
Days on Market for Blooming Grove, NY
How long does it take to sell a home in Blooming Grove, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 64 Days | 61 Days | -4.2% |
Summary: Homes in Blooming Grove had an average of 61 days on market in Oct 2024, down by 4.2% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Blooming Grove are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 23 homes were sold in Blooming Grove; 48% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 17% 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.