Is East Greenbush, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Greenbush is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in East Greenbush, NY

How much do homes in East Greenbush, NY cost?

Median Sold Price

$320,000

$210/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,100(+6.7%)

Key Takeaway

Homes in East Greenbush have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in East Greenbush was $320,000 in November 2024, up 6.7% from last year, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $84.9K$132.5K
+56.1%
2 $225K$240K
+6.7%
3 $293K$307.5K
+4.9%
4 $430K$415K
-3.5%
5+ $427.5K$495K
+15.8%

Summary: East Greenbush housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 56.1%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 4.9%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes increased by 15.8%.

Median Sold Price Compared To Nearby Cities

East Greenbush
+6.7%
Glenmont
+2.9%
Rensselaer
+2.1%
North Greenbush
-6.4%

Housing Supply in East Greenbush, NY

How many homes are available in East Greenbush, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6645-31.8%

Summary: The East Greenbush real estate market had 45 homes for sale in November 2024, a 31.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 53
-40.0%
3 3924
-38.5%
4 1510
-33.3%
5+ 78
+14.3%

Summary: The East Greenbush 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 decreased by 40%, 3 bedroom homes decreased by 38.5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1821+16.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Greenbush, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 21 homes were sold or pending in East Greenbush in November 2024, up by 16.7% month-over-month. Of the 21 sold homes, 29% were sold under asking, 5% were sold at asking, and 67% were sold over asking.

Days on Market for East Greenbush, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
15 Days13 Days-11.5%

Summary: Homes in East Greenbush had an average of 13 days on market in Nov 2024, down by 11.5% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 21 homes were sold in East Greenbush; 95% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 5% 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 2 Days Ago

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