$5,641 Closing Credit*
$475,000
1,328 SqFt
3 Beds
•1 Full Bath, 1 Partial
Listing Office: MK Realty Inc
Is Highland Mills, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Highland Mills was a Neutral 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
$269/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$18,000(+3.7%)
Key Takeaway
Homes in Highland Mills have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in Highland Mills was $500,000 in October 2024, up 3.7% from last year, and the median price per square foot was $269.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $325K | $320K | -1.5% |
| 3 Bedrooms | $394.5K | $455K | +15.3% |
| 4 Bedrooms | $580K | $582.5K | 0.4% |
| 5+ Bedrooms | $550K | $650K | +18.2% |
Summary: Highland Mills housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.5%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 18.2%.
Median Sold Price Compared To Nearby Cities
| Highland Mills | $482K | $500K | +3.7% |
| Blooming Grove | $450K | $465K | +3.3% |
| Woodbury | $670K | $614.2K | -8.3% |
Housing Supply in Highland Mills, NY
How many homes are available in Highland Mills, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 69 | 66 | -4.3% |
Summary: The Highland Mills real estate market had 66 homes for sale in October 2024, a 4.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 27 | 22 | -18.5% |
| 4 Bedrooms | 29 | 28 | -3.4% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Highland Mills housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 18.5%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 12 | +9.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Highland Mills, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Highland Mills in October 2024, up by 9.1% month-over-month. Of the 12 sold homes, 25% were sold under asking, 8% were sold at asking, and 67% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 37 Days | 34 Days | -8.4% |
Summary: Homes in Highland Mills had an average of 34 days on market in Oct 2024, down by 8.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Highland Mills has remained consistent over time.
Summary: During October 2024, 12 homes were sold in Highland Mills; 42% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 8% 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.