Is Loch Sheldrake, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Loch Sheldrake is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Loch Sheldrake was a Buyer's Market.

Key Takeaway

Loch Sheldrake 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 Loch Sheldrake, NY

How much do homes in Loch Sheldrake, NY cost?

Median Sold Price

$281,000

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$71,000(+33.8%)

Key Takeaway

Homes in Loch Sheldrake have sold for 33.8% more than they did a year ago.

Summary: The median home sold price in Loch Sheldrake was $281,000 in October 2024, up 33.8% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $187.5K$317K
+69.1%
3 $129K$262K
+103.1%
4 $210K$320K
+52.4%
5+ $330K$135K
-59.1%

Summary: Loch Sheldrake housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 69.1%, 3 bedroom homes increased by 103.1%, 4 bedroom homes increased by 52.4%, and 5+ bedroom homes decreased by 59.1%.

Median Sold Price Compared To Nearby Cities

Loch Sheldrake
+33.8%
Fallsburg
+7.0%

Housing Supply in Loch Sheldrake, NY

How many homes are available in Loch Sheldrake, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
770.0%

Summary: The Loch Sheldrake real estate market had 7 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 11
0.0%
4 22
0.0%
5+ 22
0.0%

Summary: The Loch Sheldrake 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Loch Sheldrake, you could pay more than the asking price. 100% of homes here sold above asking price last month.

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

Days on Market for Loch Sheldrake, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
51 Days87 Days+70.6%

Summary: Homes in Loch Sheldrake had an average of 87 days on market in Oct 2024, up by 70.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 Loch Sheldrake has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Loch Sheldrake; 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 15 Days Ago

Newest Listings in Loch Sheldrake, NY

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