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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nelliston is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Nelliston has remained a Seller's Market.

Key Takeaway

Nelliston is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Nelliston, NY

How much do homes in Nelliston, NY cost?

Median Sold Price

$95,500

-

Based on all homes sold in October 2024.

Difference Since Last Month

-$29,500(-23.6%)

Key Takeaway

Homes in Nelliston have sold for 23.6% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $125K-
N/A
3 -$95.5K
N/A
4 --
N/A
5+ --
N/A

Summary: Nelliston housing prices by bedroom type for October 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Palatine
+198.2%
Nelliston
-23.6%

Housing Supply in Nelliston, NY

How many homes are available in Nelliston, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
43-25.0%

Summary: The Nelliston real estate market had 3 homes for sale in October 2024, a 25.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 20
-100.0%
3 12
+100.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Nelliston 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 decreased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nelliston, you may be able to get a good deal. 100% of homes here sold below asking price last month.

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

Days on Market for Nelliston, NY

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

Average Sale Time

Sep 2024Oct 2024CHANGE
12 Days76 Days+533.3%

Summary: Homes in Nelliston had an average of 76 days on market in Oct 2024, up by 533.3% compared to last month.

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 Nelliston has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Nelliston; 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 Nelliston, NY

Nearby Markets to Nelliston, NY