Is Cooperative Village, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cooperative Village is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Cooperative Village has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Cooperative Village, NY

How much do homes in Cooperative Village, NY cost?

Median Sold Price

$764,000

$844/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$46,000(-5.7%)

Key Takeaway

Homes in Cooperative Village have sold for 5.7% less than they did a year ago.

Summary: The median home sold price in Cooperative Village was $764,000 in October 2024, down 5.7% from last year, and the median price per square foot was $844.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $620K$615K
-0.8%
2 $842.5K$860K
+2.1%
3 $1.1M$1.3M
+13.0%
4 $1.7M-
N/A
5+ -$1.3M
N/A

Summary: Cooperative Village housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.8%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 13%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Two Bridges
-2.6%
Cooperative Village
-5.7%
Lower East Side
-24.2%

Housing Supply in Cooperative Village, NY

How many homes are available in Cooperative Village, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4144+7.3%

Summary: The Cooperative Village real estate market had 44 homes for sale in October 2024, a 7.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1920
+5.3%
2 1515
0.0%
3 46
+50.0%
4 11
0.0%
5+ 22
0.0%

Summary: The Cooperative Village housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cooperative Village, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Cooperative Village in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% were sold over asking.

Days on Market for Cooperative Village, NY

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

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Cooperative Village has remained consistent over time.

Summary: During October 2024, 5 homes were sold in Cooperative Village; 0% of homes were sold within 30 days, 20% 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 21 Days Ago

Newest Listings in Cooperative Village, NY

Nearby Markets to Cooperative Village, NY