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 November 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

$185,000

$128/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,000(+15.6%)

Key Takeaway

Homes in Eastwood have sold for 15.6% more than they did a year ago.

Summary: The median home sold price in Eastwood was $185,000 in November 2024, up 15.6% from last year, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $125K-
N/A
2 $120K$140K
+16.7%
3 $155K$175.5K
+13.2%
4 $174K$193.2K
+11.1%
5+ $212.5K$218K
+2.6%

Summary: Eastwood housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 2.6%.

Median Sold Price Compared To Nearby Neighborhoods

Eastwood
+15.6%
Eastside
+13.8%
Lyncourt
+2.1%

Housing Supply in Eastwood, NY

How many homes are available in Eastwood, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6039-35.0%

Summary: The Eastwood real estate market had 39 homes for sale in November 2024, a 35.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 2817
-39.3%
4 178
-52.9%
5+ 1010
0.0%

Summary: The Eastwood 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 20%, 3 bedroom homes decreased by 39.3%, 4 bedroom homes decreased by 52.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
178-52.9%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 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. 50% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in Eastwood in November 2024, down by 52.9% month-over-month. Of the 8 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% 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

Nov 2023Nov 2024CHANGE
11 Days10 Days-6.2%

Summary: Homes in Eastwood had an average of 10 days on market in Nov 2024, down by 6.2% compared to last year.

Breakdown of Home Sale Times

8 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 November 2024, 8 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 21 Days Ago

Newest Listings in Eastwood, NY

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