Is Highland Mills, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Highland Mills is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Highland Mills, NY

How much do homes in Highland Mills, NY cost?

Median Sold Price

$500,000

$272/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$500(+0.1%)

Key Takeaway

The sold price of homes in Highland Mills has remained the same since last year.

Summary: The median home sold price in Highland Mills was $500,000 in November 2024, up 0.1% from last year, and the median price per square foot was $272.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $586.7K-
N/A
2 $305K$315K
+3.3%
3 $420K$440K
+4.8%
4 $580K$585K
+0.9%
5+ $599.5K$667.5K
+11.3%

Summary: Highland Mills 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 3.3%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 11.3%.

Median Sold Price Compared To Nearby Cities

Blooming Grove
+2.2%
Highland Mills
0.1%
Woodbury
-9.0%

Housing Supply in Highland Mills, NY

How many homes are available in Highland Mills, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5647-16.1%

Summary: The Highland Mills real estate market had 47 homes for sale in November 2024, a 16.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 89
+12.5%
3 1714
-17.6%
4 2416
-33.3%
5+ 67
+16.7%

Summary: The Highland Mills 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 increased by 12.5%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
129-25.0%

Asking Price vs. Sold Price

3 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 Highland Mills, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in Highland Mills in November 2024, down by 25.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% 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

Nov 2023Nov 2024CHANGE
44 Days49 Days+9.7%

Summary: Homes in Highland Mills had an average of 49 days on market in Nov 2024, up by 9.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

6 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 Highland Mills has remained consistent over time.

Summary: During November 2024, 9 homes were sold in Highland Mills; 22% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 11% 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 Highland Mills, NY

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