Is Hyde Park, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hyde Park is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Hyde Park was a Seller's Market.

Key Takeaway

Hyde Park is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Hyde Park, NY

How much do homes in Hyde Park, NY cost?

Median Sold Price

$390,000

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$40,000(+11.4%)

Key Takeaway

Homes in Hyde Park have sold for 11.4% more than they did a year ago.

Summary: The median home sold price in Hyde Park was $390,000 in October 2024, up 11.4% from last year, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $145.9K$214.5K
+47.0%
2 $275K$312K
+13.5%
3 $340K$394.7K
+16.1%
4 $382.5K$421K
+10.1%
5+ $424.4K$750K
+76.7%

Summary: Hyde Park housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 47%, 2 bedroom homes increased by 13.5%, 3 bedroom homes increased by 16.1%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 76.7%.

Median Sold Price Compared To Nearby Cities

Staatsburg
+31.6%
Hyde Park
+11.4%
Clinton
+4.4%

Housing Supply in Hyde Park, NY

How many homes are available in Hyde Park, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
96107+11.5%

Summary: The Hyde Park real estate market had 107 homes for sale in October 2024, a 11.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 1516
+6.7%
3 5258
+11.5%
4 2327
+17.4%
5+ 44
0.0%

Summary: The Hyde Park 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 increased by 6.7%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1716-5.9%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hyde Park, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Hyde Park in October 2024, down by 5.9% month-over-month. Of the 16 sold homes, 38% were sold under asking, 31% were sold at asking, and 31% were sold over asking.

Days on Market for Hyde Park, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
63 Days60 Days-4.6%

Summary: Homes in Hyde Park had an average of 60 days on market in Oct 2024, down by 4.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Hyde Park has remained consistent over time.

Summary: During October 2024, 16 homes were sold in Hyde Park; 19% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 19% 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 Hyde Park, NY

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