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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hurley is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Hurley, NY

How much do homes in Hurley, NY cost?

Median Sold Price

$632,500

$268/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$42,500(+7.2%)

Key Takeaway

Homes in Hurley have sold for 7.2% more than they did a month ago.

Summary: The median home sold price in Hurley was $632,500 in November 2024, up 7.2% from last month, and the median price per square foot was $268.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $519.5K-
N/A
3 $544K$750K
+37.9%
4 $668K$515K
-22.9%
5+ --
N/A

Summary: Hurley housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 37.9%, 4 bedroom homes decreased by 22.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Shokan
+11.0%
Hurley
+7.2%
West Hurley
-22.9%

Housing Supply in Hurley, NY

How many homes are available in Hurley, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2621-19.2%

Summary: The Hurley real estate market had 21 homes for sale in November 2024, a 19.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 41
-75.0%
3 1311
-15.4%
4 77
0.0%
5+ 22
0.0%

Summary: The Hurley 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 decreased by 75%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hurley, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Hurley in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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

Oct 2024Nov 2024CHANGE
40 Days56 Days+37.9%

Summary: Homes in Hurley had an average of 56 days on market in Nov 2024, up by 37.9% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

4 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 November 2024, 4 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?