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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Laurens is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Laurens, NY

How much do homes in Laurens, NY cost?

Median Sold Price

$207,750

$119/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$67,250(-24.5%)

Key Takeaway

Homes in Laurens have sold for 24.5% less than they did a year ago.

Summary: The median home sold price in Laurens was $207,750 in October 2024, down 24.5% from last year, and the median price per square foot was $119.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $140K$265K
+89.3%
2 -$201K
N/A
3 $282K$207.7K
-26.3%
4 $337K-
N/A
5+ $101K-
N/A

Summary: Laurens housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 89.3%, 2 bedroom homes did not change, 3 bedroom homes decreased by 26.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Laurens, NY

How many homes are available in Laurens, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
550.0%

Summary: The Laurens real estate market had 5 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 11
0.0%
3 10
-100.0%
4 00
0.0%
5+ 23
+50.0%

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

Number of Homes Sold

Sep 2024Oct 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Laurens, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Laurens in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Laurens, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
96 Days16 Days-83.4%

Summary: Homes in Laurens had an average of 16 days on market in Oct 2024, down by 83.4% 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 Laurens are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Laurens; 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 20 Days Ago

Newest Listings in Laurens, NY

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