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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hurley is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Hurley has remained a Buyer's Market.

Key Takeaway

Hurley is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Hurley, NY

How much do homes in Hurley, NY cost?

Median Sold Price

$498,000

$309/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$227,000(-31.3%)

Key Takeaway

Homes in Hurley have sold for 31.3% less than they did a month ago.

Summary: The median home sold price in Hurley was $498,000 in October 2024, down 31.3% from last month, and the median price per square foot was $309.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $210K$290K
+38.1%
3 $900K$544K
-39.6%
4 $725K-
N/A
5+ --
N/A

Summary: Hurley 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 increased by 38.1%, 3 bedroom homes decreased by 39.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

West Hurley
+38.1%
Hurley
-31.3%

Housing Supply in Hurley, NY

How many homes are available in Hurley, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2426+8.3%

Summary: The Hurley real estate market had 26 homes for sale in October 2024, a 8.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1213
+8.3%
4 67
+16.7%
5+ 22
0.0%

Summary: The Hurley 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 remained the same, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hurley, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Hurley in October 2024, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.

Days on Market for Hurley, NY

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

Average Sale Time

Sep 2024Oct 2024CHANGE
102 Days56 Days-44.4%

Summary: Homes in Hurley had an average of 56 days on market in Oct 2024, down by 44.4% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Hurley has remained consistent over time.

Summary: During October 2024, 3 homes were sold in Hurley; 0% of homes were sold within 30 days, 100% 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 20 Days Ago

Newest Listings in Hurley, NY

Nearby Markets to Hurley, NY

What housing markets are near Hurley, NY?