Is Long Eddy, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Long Eddy is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Long Eddy has remained a Buyer's Market.

Key Takeaway

Long Eddy is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Long Eddy, NY

How much do homes in Long Eddy, NY cost?

Median Sold Price

$349,000

$188/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$294,000(+534.5%)

Key Takeaway

Homes in Long Eddy have sold for 534.5% more than they did a month ago.

Summary: The median home sold price in Long Eddy was $349,000 in November 2024, up 534.5% from last month, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $55K$349K
+534.5%
4 --
N/A
5+ --
N/A

Summary: Long Eddy housing prices by bedroom type for November 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 534.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Long Eddy, NY

How many homes are available in Long Eddy, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
89+12.5%

Summary: The Long Eddy real estate market had 9 homes for sale in November 2024, a 12.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 00
0.0%
3 44
0.0%
4 22
0.0%
5+ 12
+100.0%

Summary: The Long Eddy housing inventory by bedroom type for November 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 increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 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 Long Eddy, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Long Eddy in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Long Eddy, NY

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

Average Sale Time

Oct 2024Nov 2024CHANGE
99 Days181 Days+82.8%

Summary: Homes in Long Eddy had an average of 181 days on market in Nov 2024, up by 82.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Long Eddy are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in Long Eddy; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 21 Days Ago

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