Is Hinsdale, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hinsdale is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Hinsdale, NY

How much do homes in Hinsdale, NY cost?

Median Sold Price

$130,000

$73/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$2,500(+2.0%)

Key Takeaway

Homes in Hinsdale have sold for 2% more than they did a year ago.

Summary: The median home sold price in Hinsdale was $130,000 in November 2024, up 2% from last year, and the median price per square foot was $73.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $125K$38K
-69.6%
2 $87.4K$137.8K
+57.7%
3 $130K$100.7K
-22.5%
4 $165K$210K
+27.3%
5+ --
N/A

Summary: Hinsdale housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 69.6%, 2 bedroom homes increased by 57.7%, 3 bedroom homes decreased by 22.5%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes did not change.

Housing Supply in Hinsdale, NY

How many homes are available in Hinsdale, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
53-40.0%

Summary: The Hinsdale real estate market had 3 homes for sale in November 2024, a 40.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 21
-50.0%
4 11
0.0%
5+ 10
-100.0%

Summary: The Hinsdale 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hinsdale, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Hinsdale in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Hinsdale, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
89 Days4 Days-95.5%

Summary: Homes in Hinsdale had an average of 4 days on market in Nov 2024, down by 95.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hinsdale are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Hinsdale; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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

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