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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lewisboro is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Lewisboro, NY

How much do homes in Lewisboro, NY cost?

Median Sold Price

$899,000

$350/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$116,500(+14.9%)

Key Takeaway

Homes in Lewisboro have sold for 14.9% more than they did a year ago.

Summary: The median home sold price in Lewisboro was $899,000 in November 2024, up 14.9% from last year, and the median price per square foot was $350.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $298.7K$373K
+24.9%
2 $550K$550K
0.0%
3 $760K$787.7K
+3.7%
4 $1.0M$1.2M
+15.4%
5+ $1.3M$1.5M
+9.8%

Summary: Lewisboro housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.9%, 2 bedroom homes did not change, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 9.8%.

Median Sold Price Compared To Nearby Cities

Lewisboro
+14.9%
South Salem
+6.7%

Housing Supply in Lewisboro, NY

How many homes are available in Lewisboro, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5749-14.0%

Summary: The Lewisboro real estate market had 49 homes for sale in November 2024, a 14.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 53
-40.0%
2 66
0.0%
3 1616
0.0%
4 1916
-15.8%
5+ 118
-27.3%

Summary: The Lewisboro housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes decreased by 27.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
10100.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 10 homes were sold or pending in Lewisboro in November 2024, the same as the previous month. Of the 10 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Lewisboro, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
39 Days54 Days+39.2%

Summary: Homes in Lewisboro had an average of 54 days on market in Nov 2024, up by 39.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 10 homes were sold in Lewisboro; 30% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 10% 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 17 Days Ago

Newest Listings in Lewisboro, NY

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