Is High Falls, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing High Falls is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, High Falls was a Seller's Market.

Key Takeaway

High Falls is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in High Falls, NY

How much do homes in High Falls, NY cost?

Median Sold Price

$520,500

$399/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$394,000(-43.1%)

Key Takeaway

Homes in High Falls have sold for 43.1% less than they did a month ago.

Summary: The median home sold price in High Falls was $520,500 in October 2024, down 43.1% from last month, and the median price per square foot was $399.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $330K$520.5K
+57.7%
4 --
N/A
5+ $1.4M-
N/A

Summary: High Falls housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 57.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Accord
+121.3%
Stone Ridge
+97.4%
High Falls
-43.1%

Housing Supply in High Falls, NY

How many homes are available in High Falls, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1012+20.0%

Summary: The High Falls real estate market had 12 homes for sale in October 2024, a 20.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 68
+33.3%
4 00
0.0%
5+ 21
-50.0%

Summary: The High Falls 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 increased by 50%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in High Falls, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in High Falls in October 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for High Falls, NY

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

Average Sale Time

Sep 2024Oct 2024CHANGE
42 Days87 Days+108.3%

Summary: Homes in High Falls had an average of 87 days on market in Oct 2024, up by 108.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 High Falls has remained consistent over time.

Summary: During October 2024, 2 homes were sold in High Falls; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 22 Days Ago

Newest Listings in High Falls, NY

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