$450,000
25.60 Acres
Land
Listing Office: HomeSmart Homes & Estates
Is Highland Mills, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Highland Mills was a Seller's Market.
Key Takeaway
Highland Mills 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 Highland Mills, NY
How much do homes in Highland Mills, NY cost?
Median Sold Price
$530,000
$269/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$55,000(+11.6%)
Key Takeaway
Homes in Highland Mills have sold for 11.6% more than they did a year ago.
Summary: The median home sold price in Highland Mills was $530,000 in September 2024, up 11.6% from last year, and the median price per square foot was $269.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $305K | $322.5K | +5.7% |
| 3 Bedrooms | $390K | $444.5K | +14.0% |
| 4 Bedrooms | $580K | $582.5K | 0.4% |
| 5+ Bedrooms | $550K | $650K | +18.2% |
Summary: Highland Mills housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 18.2%.
Median Sold Price Compared To Nearby Cities
| Highland Mills | $475K | $530K | +11.6% |
| Blooming Grove | $459.1K | $474.1K | +3.3% |
| Woodbury | $639.5K | $650K | +1.6% |
Housing Supply in Highland Mills, NY
How many homes are available in Highland Mills, NY?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 77 | 69 | -10.4% |
Summary: The Highland Mills real estate market had 69 homes for sale in September 2024, a 10.4% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 7 | -22.2% |
| 3 Bedrooms | 31 | 26 | -16.1% |
| 4 Bedrooms | 29 | 29 | 0.0% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Highland Mills housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 22.2%, 3 bedroom homes decreased by 16.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 19 | 10 | -47.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Highland Mills, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Highland Mills in September 2024, down by 47.4% month-over-month. Of the 10 sold homes, 50% were sold under asking, 10% were sold at asking, and 40% were sold over asking.
Days on Market for Highland Mills, NY
How long does it take to sell a home in Highland Mills, NY?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 142 Days | 59 Days | -58.5% |
Summary: Homes in Highland Mills had an average of 59 days on market in Sep 2024, down by 58.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Highland Mills are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 10 homes were sold in Highland Mills; 40% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 30% 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.