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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Napanoch is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Napanoch was a Neutral Market.

Key Takeaway

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

Housing Prices in Napanoch, NY

How much do homes in Napanoch, NY cost?

Median Sold Price

$220,000

$224/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,000(+12.8%)

Key Takeaway

Homes in Napanoch have sold for 12.8% more than they did a year ago.

Summary: The median home sold price in Napanoch was $220,000 in November 2024, up 12.8% from last year, and the median price per square foot was $224.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $133K$265K
+99.2%
3 $265K$335K
+26.4%
4 -$204.5K
N/A
5+ $135K-
N/A

Summary: Napanoch housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 99.2%, 3 bedroom homes increased by 26.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Wawarsing
+17.7%
Kerhonkson
+16.4%
Napanoch
+12.8%
Rochester
+6.3%

Housing Supply in Napanoch, NY

How many homes are available in Napanoch, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
89+12.5%

Summary: The Napanoch 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 00
0.0%
2 45
+25.0%
3 33
0.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Napanoch 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 increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 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 Napanoch, 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 Napanoch in November 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 Napanoch, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
70 Days30 Days-57.1%

Summary: Homes in Napanoch had an average of 30 days on market in Nov 2024, down by 57.1% 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 Napanoch has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Napanoch; 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 21 Days Ago

Newest Listings in Napanoch, NY

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