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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eastwood is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Eastwood, NY

How much do homes in Eastwood, NY cost?

Median Sold Price

$176,000

$126/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$17,000(+10.7%)

Key Takeaway

Homes in Eastwood have sold for 10.7% more than they did a year ago.

Summary: The median home sold price in Eastwood was $176,000 in October 2024, up 10.7% from last year, and the median price per square foot was $126.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $125K-
N/A
2 $116.5K$140K
+20.2%
3 $155K$175K
+12.9%
4 $174.5K$190.7K
+9.3%
5+ $218K$215K
-1.4%

Summary: Eastwood housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.2%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes decreased by 1.4%.

Median Sold Price Compared To Nearby Neighborhoods

Eastside
+15.5%
Eastwood
+10.7%
Lyncourt
+1.2%

Housing Supply in Eastwood, NY

How many homes are available in Eastwood, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5854-6.9%

Summary: The Eastwood real estate market had 54 homes for sale in October 2024, a 6.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 75
-28.6%
3 2525
0.0%
4 1116
+45.5%
5+ 158
-46.7%

Summary: The Eastwood 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 decreased by 28.6%, 3 bedroom homes remained the same, 4 bedroom homes increased by 45.5%, and 5+ bedroom homes decreased by 46.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1412-14.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 12 homes were sold or pending in Eastwood in October 2024, down by 14.3% month-over-month. Of the 12 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Eastwood, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
17 Days5 Days-70.2%

Summary: Homes in Eastwood had an average of 5 days on market in Oct 2024, down by 70.2% compared to last year.

Breakdown of Home Sale Times

12 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 Eastwood are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 12 homes were sold in Eastwood; 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 Eastwood, NY

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