$9,132 Closing Credit*
$769,000
1,400 SqFt
3 Beds
•2 Full Baths
Listing Office: Keller Williams Valley Realty
Is Monsey, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Monsey was a Seller's Market.
Key Takeaway
Monsey 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 Monsey, NY
How much do homes in Monsey, NY cost?
Median Sold Price
$902,500
$399/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$22,000(+2.5%)
Key Takeaway
Homes in Monsey have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Monsey was $902,500 in November 2024, up 2.5% from last year, and the median price per square foot was $399.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $120K | $205K | +70.8% |
| 2 Bedrooms | $375K | $399K | +6.4% |
| 3 Bedrooms | $765K | $745K | -2.6% |
| 4 Bedrooms | $843.5K | $885K | +4.9% |
| 5+ Bedrooms | $1.1M | $1.1M | -1.7% |
Summary: Monsey housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 70.8%, 2 bedroom homes increased by 6.4%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes decreased by 1.7%.
Median Sold Price Compared To Nearby Cities
| Spring Valley | $685K | $799K | +16.6% |
| Ramapo | $668.5K | $767.8K | +14.9% |
| Airmont | $772.5K | $818K | +5.9% |
| Monsey | $880.5K | $902.5K | +2.5% |
Housing Supply in Monsey, NY
How many homes are available in Monsey, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 76 | 79 | +3.9% |
Summary: The Monsey real estate market had 79 homes for sale in November 2024, a 3.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 6 | -14.3% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 15 | 13 | -13.3% |
| 4 Bedrooms | 14 | 16 | +14.3% |
| 5+ Bedrooms | 37 | 41 | +10.8% |
Summary: The Monsey housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 13.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 10.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 13 | +18.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Monsey, expect to pay close to the asking price. 38.5% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in Monsey in November 2024, up by 18.2% month-over-month. Of the 13 sold homes, 23% were sold under asking, 38% were sold at asking, and 38% were sold over asking.
Days on Market for Monsey, NY
How long does it take to sell a home in Monsey, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 42 Days | 51 Days | +21.5% |
Summary: Homes in Monsey had an average of 51 days on market in Nov 2024, up by 21.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Monsey has remained consistent over time.
Summary: During November 2024, 13 homes were sold in Monsey; 38% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 8% 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.