$5,451 Closing Credit*
$459,000
2,240 SqFt
3 Beds
•3 Full Baths
Listing Office: Houlihan Lawrence Inc.
Is Millbrook, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Millbrook has remained a Buyer's Market.
Key Takeaway
Millbrook is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Millbrook, NY
How much do homes in Millbrook, NY cost?
Median Sold Price
$670,000
$283/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$217,500(+48.1%)
Key Takeaway
Homes in Millbrook have sold for 48.1% more than they did a year ago.
Summary: The median home sold price in Millbrook was $670,000 in October 2024, up 48.1% from last year, and the median price per square foot was $283.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $420K | $750K | +78.6% |
| 2 Bedrooms | $335K | $482K | +43.9% |
| 3 Bedrooms | $461.2K | $563K | +22.1% |
| 4 Bedrooms | $980K | $855K | -12.8% |
| 5+ Bedrooms | $577.5K | $985K | +70.6% |
Summary: Millbrook housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 78.6%, 2 bedroom homes increased by 43.9%, 3 bedroom homes increased by 22.1%, 4 bedroom homes decreased by 12.8%, and 5+ bedroom homes increased by 70.6%.
Median Sold Price Compared To Nearby Cities
| Millbrook | $452.5K | $670K | +48.1% |
| Washington | $455K | $609K | +33.8% |
Housing Supply in Millbrook, NY
How many homes are available in Millbrook, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 38 | +22.6% |
Summary: The Millbrook real estate market had 38 homes for sale in October 2024, a 22.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 12 | 15 | +25.0% |
| 4 Bedrooms | 5 | 9 | +80.0% |
| 5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The Millbrook 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 increased by 25%, 4 bedroom homes increased by 80%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Millbrook, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Millbrook in October 2024, up by 400.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Millbrook, NY
How long does it take to sell a home in Millbrook, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 48 Days | +57.4% |
Summary: Homes in Millbrook had an average of 48 days on market in Oct 2024, up by 57.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Millbrook are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Millbrook; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.