$82,750
2.62 Acres
Land
Sara J Hillis, Listing Office: Schermerhorn Realty Group LLC
Is Chestertown, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Chestertown has remained a Seller's Market.
Key Takeaway
Chestertown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chestertown, NY
How much do homes in Chestertown, NY cost?
Median Sold Price
$185,000
$178/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$265,000(-58.9%)
Key Takeaway
Homes in Chestertown have sold for 58.9% less than they did a month ago.
Summary: The median home sold price in Chestertown was $185,000 in November 2024, down 58.9% from last month, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $127.2K | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $450K | $185K | -58.9% |
| 4 Bedrooms | $210K | - | N/A |
| 5+ Bedrooms | $890K | $444K | -50.1% |
Summary: Chestertown housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 58.9%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 50.1%.
Median Sold Price Compared To Nearby Cities
| Horicon | $451K | $450K | -0.2% |
| Brant Lake | $451K | $450K | -0.2% |
| Chestertown | $450K | $185K | -58.9% |
Housing Supply in Chestertown, NY
How many homes are available in Chestertown, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 13 | -18.8% |
Summary: The Chestertown real estate market had 13 homes for sale in November 2024, a 18.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Chestertown housing inventory by bedroom type for November 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 14.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 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 Chestertown, 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 Chestertown in November 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Chestertown, NY
How long does it take to sell a home in Chestertown, NY?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 44 Days | 31 Days | -28.0% |
Summary: Homes in Chestertown had an average of 31 days on market in Nov 2024, down by 28% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Chestertown are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Chestertown; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.