Is Chappaqua, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Chappaqua has remained a Buyer's Market.
Housing Prices in Chappaqua, NY
How much do homes in Chappaqua, NY cost?
Median Sold Price
$1,335,000
$431/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Chappaqua was $1,335,000 in May 2024, up 11.3% from last year, and the median price per square foot was $431.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $380K | $395K | +3.9% |
2 Bedrooms | $630K | $730K | +15.9% |
3 Bedrooms | $891.5K | $1.1M | +27.9% |
4 Bedrooms | $1.4M | $1.4M | +3.0% |
5+ Bedrooms | $1.8M | $1.7M | -9.5% |
Summary: Chappaqua housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.9%, 2 bedroom homes increased by 15.9%, 3 bedroom homes increased by 27.9%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 9.5%.
Median Sold Price Compared To Nearby Cities
Chappaqua | $1.2M | $1.3M | +11.3% |
Pleasantville | $805K | $889.5K | +10.5% |
New Castle | $1.1M | $1.2M | +5.7% |
Mount Kisco | $667.7K | $667K | -0.1% |
Housing Supply in Chappaqua, NY
How many homes are available in Chappaqua, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
86 | 96 | +11.6% |
Summary: The Chappaqua real estate market had 96 homes for sale in May 2024, a 11.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 9 | 13 | +44.4% |
3 Bedrooms | 20 | 20 | 0.0% |
4 Bedrooms | 33 | 35 | +6.1% |
5+ Bedrooms | 23 | 27 | +17.4% |
Summary: The Chappaqua housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 44.4%, 3 bedroom homes remained the same, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 17.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 8 | -33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Chappaqua in May 2024, down by 33.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.
Days on Market for Chappaqua, NY
How long does it take to sell a home in Chappaqua, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
28 Days | 44 Days | +57.8% |
Summary: Homes in Chappaqua had an average of 44 days on market in May 2024, up by 57.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Chappaqua; 63% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.