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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cochecton is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Cochecton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Cochecton, NY

How much do homes in Cochecton, NY cost?

Median Sold Price

$342,050

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$45,050(+15.2%)

Key Takeaway

Homes in Cochecton have sold for 15.2% more than they did a year ago.

Summary: The median home sold price in Cochecton was $342,050 in November 2024, up 15.2% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $290K$155K
-46.6%
2 $210K$182.5K
-13.1%
3 $389K$342K
-12.1%
4 $235K$360K
+53.2%
5+ $99K$621.5K
+527.8%

Summary: Cochecton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 46.6%, 2 bedroom homes decreased by 13.1%, 3 bedroom homes decreased by 12.1%, 4 bedroom homes increased by 53.2%, and 5+ bedroom homes increased by 527.8%.

Median Sold Price Compared To Nearby Cities

Cochecton
+15.2%
Delaware
-14.1%

Housing Supply in Cochecton, NY

How many homes are available in Cochecton, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2018-10.0%

Summary: The Cochecton real estate market had 18 homes for sale in November 2024, a 10.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 55
0.0%
3 119
-18.2%
4 22
0.0%
5+ 22
0.0%

Summary: The Cochecton 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 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were 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. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Cochecton in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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

Nov 2023Nov 2024CHANGE
49 Days5 Days-89.9%

Summary: Homes in Cochecton had an average of 5 days on market in Nov 2024, down by 89.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were 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 November 2024, 2 homes were sold in Cochecton; 100% of homes were sold within 30 days, 0% 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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