$6,233 Closing Credit*
$524,900
2,308 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: RE/MAX Benchmark Realty Group
Is Cornwall, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Cornwall has remained a Neutral Market.
Key Takeaway
Cornwall 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 Cornwall, NY
How much do homes in Cornwall, NY cost?
Median Sold Price
$485,000
$251/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$8,000(+1.7%)
Key Takeaway
Homes in Cornwall have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in Cornwall was $485,000 in October 2024, up 1.7% from last year, and the median price per square foot was $251.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | $245K | +122.7% |
| 2 Bedrooms | $325K | $310K | -4.6% |
| 3 Bedrooms | $441K | $458K | +3.9% |
| 4 Bedrooms | $614K | $600K | -2.3% |
| 5+ Bedrooms | $626.2K | $660K | +5.4% |
Summary: Cornwall housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 122.7%, 2 bedroom homes decreased by 4.6%, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 5.4%.
Median Sold Price Compared To Nearby Cities
| New Windsor | $380K | $410K | +7.9% |
| Cornwall | $477K | $485K | +1.7% |
Housing Supply in Cornwall, NY
How many homes are available in Cornwall, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 67 | 65 | -3.0% |
Summary: The Cornwall real estate market had 65 homes for sale in October 2024, a 3.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 10 | 12 | +20.0% |
| 3 Bedrooms | 19 | 19 | 0.0% |
| 4 Bedrooms | 19 | 17 | -10.5% |
| 5+ Bedrooms | 16 | 14 | -12.5% |
Summary: The Cornwall 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 increased by 20%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 10 | -28.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cornwall, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Cornwall in October 2024, down by 28.6% month-over-month. Of the 10 sold homes, 40% were sold under asking, 30% were sold at asking, and 30% were sold over asking.
Days on Market for Cornwall, NY
How long does it take to sell a home in Cornwall, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 35 Days | -3.2% |
Summary: Homes in Cornwall had an average of 35 days on market in Oct 2024, down by 3.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Cornwall are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in Cornwall; 80% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally