$5,639 Closing Credit*
$474,900
2,251 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: Howard Hanna Rand Realty
Is Fallsburg, 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, Fallsburg has remained a Buyer's Market.
Key Takeaway
Fallsburg is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Fallsburg, NY
How much do homes in Fallsburg, NY cost?
Median Sold Price
$267,500
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,500(+7.0%)
Key Takeaway
Homes in Fallsburg have sold for 7% more than they did a year ago.
Summary: The median home sold price in Fallsburg was $267,500 in October 2024, up 7% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | $80K | -30.4% |
| 2 Bedrooms | $158.6K | $206K | +29.9% |
| 3 Bedrooms | $242K | $266K | +9.9% |
| 4 Bedrooms | $265K | $300K | +13.2% |
| 5+ Bedrooms | $330K | $440K | +33.3% |
Summary: Fallsburg housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.4%, 2 bedroom homes increased by 29.9%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes increased by 33.3%.
Median Sold Price Compared To Nearby Cities
| Kiamesha Lake | $153.5K | $175K | +14.0% |
| South Fallsburg | $265K | $300K | +13.2% |
| Fallsburg | $250K | $267.5K | +7.0% |
Housing Supply in Fallsburg, NY
How many homes are available in Fallsburg, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 69 | 68 | -1.4% |
Summary: The Fallsburg real estate market had 68 homes for sale in October 2024, a 1.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 30 | 30 | 0.0% |
| 4 Bedrooms | 13 | 14 | +7.7% |
| 5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The Fallsburg housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 5 | -44.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fallsburg, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Fallsburg in October 2024, down by 44.4% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Fallsburg, NY
How long does it take to sell a home in Fallsburg, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 66 Days | 71 Days | +7.5% |
Summary: Homes in Fallsburg had an average of 71 days on market in Oct 2024, up by 7.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Fallsburg has remained consistent over time.
Summary: During October 2024, 5 homes were sold in Fallsburg; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% 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. 
Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer 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