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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chappaqua is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Chappaqua 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 Chappaqua, NY

How much do homes in Chappaqua, NY cost?

Median Sold Price

$1,450,000

$449/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$145,500(+11.2%)

Key Takeaway

Homes in Chappaqua have sold for 11.2% more than they did a year ago.

Summary: The median home sold price in Chappaqua was $1,450,000 in November 2024, up 11.2% from last year, and the median price per square foot was $449.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $372.5K$412K
+10.6%
2 $640K$1.3M
+117.6%
3 $1.0M$1.3M
+22.9%
4 $1.5M$1.5M
-1.3%
5+ $1.5M$2.2M
+43.5%

Summary: Chappaqua housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.6%, 2 bedroom homes increased by 117.6%, 3 bedroom homes increased by 22.9%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 43.5%.

Median Sold Price Compared To Nearby Cities

Pleasantville
+25.4%
New Castle
+12.5%
Chappaqua
+11.2%
Mount Kisco
+1.1%

Housing Supply in Chappaqua, NY

How many homes are available in Chappaqua, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5738-33.3%

Summary: The Chappaqua real estate market had 38 homes for sale in November 2024, a 33.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 20
-100.0%
2 1311
-15.4%
3 1513
-13.3%
4 1710
-41.2%
5+ 104
-60.0%

Summary: The Chappaqua housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 15.4%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 41.2%, and 5+ bedroom homes decreased by 60%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
116-45.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chappaqua, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Chappaqua in November 2024, down by 45.5% month-over-month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% 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

Nov 2023Nov 2024CHANGE
46 Days69 Days+48.2%

Summary: Homes in Chappaqua had an average of 69 days on market in Nov 2024, up by 48.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Chappaqua are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 6 homes were sold in Chappaqua; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 17 Days Ago

Newest Listings in Chappaqua, NY

Nearby Markets to Chappaqua, NY

What housing markets are near Chappaqua, NY?