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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cochecton is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Cochecton has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Cochecton, NY

How much do homes in Cochecton, NY cost?

Median Sold Price

$331,000

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$23,500(+7.6%)

Key Takeaway

Homes in Cochecton have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in Cochecton was $331,000 in October 2024, up 7.6% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $290K$155K
-46.6%
2 $255K$165K
-35.3%
3 $414.9K$331K
-20.2%
4 $300K$265K
-11.7%
5+ $99K$621.5K
+527.8%

Summary: Cochecton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 46.6%, 2 bedroom homes decreased by 35.3%, 3 bedroom homes decreased by 20.2%, 4 bedroom homes decreased by 11.7%, and 5+ bedroom homes increased by 527.8%.

Median Sold Price Compared To Nearby Cities

Cochecton
+7.6%
Delaware
-9.8%

Housing Supply in Cochecton, NY

How many homes are available in Cochecton, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1917-10.5%

Summary: The Cochecton real estate market had 17 homes for sale in October 2024, a 10.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 55
0.0%
3 109
-10.0%
4 11
0.0%
5+ 32
-33.3%

Summary: The Cochecton 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 10%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cochecton, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Cochecton in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Cochecton, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
56 Days24 Days-56.9%

Summary: Homes in Cochecton had an average of 24 days on market in Oct 2024, down by 56.9% compared to last year.

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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Cochecton; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Cochecton, NY

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