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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ellenville is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Ellenville, NY

How much do homes in Ellenville, NY cost?

Median Sold Price

$273,750

$197/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$23,850(+9.5%)

Key Takeaway

Homes in Ellenville have sold for 9.5% more than they did a year ago.

Summary: The median home sold price in Ellenville was $273,750 in November 2024, up 9.5% from last year, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$285.5K
N/A
2 $180K$188K
+4.4%
3 $244.9K$270K
+10.2%
4 $292.5K$285K
-2.6%
5+ $267.2K$380K
+42.2%

Summary: Ellenville 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 4.4%, 3 bedroom homes increased by 10.2%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 42.2%.

Median Sold Price Compared To Nearby Cities

Wawarsing
+17.7%
Kerhonkson
+16.4%
Ellenville
+9.5%
Shawangunk
+7.2%
Pine Bush
+3.9%

Housing Supply in Ellenville, NY

How many homes are available in Ellenville, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3233+3.1%

Summary: The Ellenville real estate market had 33 homes for sale in November 2024, a 3.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1411
-21.4%
4 711
+57.1%
5+ 88
0.0%

Summary: The Ellenville 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 remained the same, 3 bedroom homes decreased by 21.4%, 4 bedroom homes increased by 57.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ellenville, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Ellenville in November 2024, up by 100.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.

Days on Market for Ellenville, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
94 Days52 Days-44.8%

Summary: Homes in Ellenville had an average of 52 days on market in Nov 2024, down by 44.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Ellenville has remained consistent over time.

Summary: During November 2024, 6 homes were sold in Ellenville; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% 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 Ellenville, NY

Nearby Markets to Ellenville, NY

What housing markets are near Ellenville, NY?