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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bolivar is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Bolivar, NY

How much do homes in Bolivar, NY cost?

Median Sold Price

$82,000

$54/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$10,700(-11.5%)

Key Takeaway

Homes in Bolivar have sold for 11.5% less than they did a year ago.

Summary: The median home sold price in Bolivar was $82,000 in October 2024, down 11.5% from last year, and the median price per square foot was $54.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $27K$71.5K
+164.8%
2 $95K$45K
-52.6%
3 $92K$85.5K
-7.1%
4 $56.3K$145.9K
+158.9%
5+ $174.5K$199.9K
+14.6%

Summary: Bolivar housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 164.8%, 2 bedroom homes decreased by 52.6%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 158.9%, and 5+ bedroom homes increased by 14.6%.

Housing Supply in Bolivar, NY

How many homes are available in Bolivar, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
11110.0%

Summary: The Bolivar real estate market had 11 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 44
0.0%
3 43
-25.0%
4 23
+50.0%
5+ 11
0.0%

Summary: The Bolivar 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 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 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 Bolivar, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Bolivar in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Bolivar, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
32 Days36 Days+14.6%

Summary: Homes in Bolivar had an average of 36 days on market in Oct 2024, up by 14.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Bolivar; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% 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

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