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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jewett is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Jewett was a Buyer's Market.

Key Takeaway

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

Housing Prices in Jewett, NY

How much do homes in Jewett, NY cost?

Median Sold Price

$612,500

$267/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$112,500(-15.5%)

Key Takeaway

Homes in Jewett have sold for 15.5% less than they did a month ago.

Summary: The median home sold price in Jewett was $612,500 in December 2024, down 15.5% from last month, and the median price per square foot was $267.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $295K$510K
+72.9%
4 $812K$650K
-20.0%
5+ --
N/A

Summary: Jewett housing prices by bedroom type for December 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 72.9%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes did not change.

Housing Supply in Jewett, NY

How many homes are available in Jewett, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2123+9.5%

Summary: The Jewett real estate market had 23 homes for sale in December 2024, a 9.5% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 33
0.0%
3 79
+28.6%
4 55
0.0%
5+ 66
0.0%

Summary: The Jewett housing inventory by bedroom type for December 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 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jewett, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Jewett in December 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Jewett, NY

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

Average Sale Time

Nov 2024Dec 2024CHANGE
102 Days42 Days-58.3%

Summary: Homes in Jewett had an average of 42 days on market in Dec 2024, down by 58.3% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 4 homes were sold in Jewett; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 4 Days Ago

Newest Listings in Jewett, NY

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