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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Neversink is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Neversink was a Seller's Market.

Key Takeaway

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

Housing Prices in Neversink, NY

How much do homes in Neversink, NY cost?

Median Sold Price

$322,500

$234/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$42,500(+15.2%)

Key Takeaway

Homes in Neversink have sold for 15.2% more than they did a year ago.

Summary: The median home sold price in Neversink was $322,500 in September 2024, up 15.2% from last year, and the median price per square foot was $234.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $214K-
N/A
2 $219K$180K
-17.8%
3 $307K$330K
+7.5%
4 $332K$395K
+19.0%
5+ $599K$472K
-21.2%

Summary: Neversink housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.8%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 19%, and 5+ bedroom homes decreased by 21.2%.

Median Sold Price Compared To Nearby Cities

Grahamsville
+22.1%
Neversink
+15.2%

Housing Supply in Neversink, NY

How many homes are available in Neversink, NY?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
3230-6.3%

Summary: The Neversink real estate market had 30 homes for sale in September 2024, a 6.3% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 33
0.0%
3 1310
-23.1%
4 88
0.0%
5+ 78
+14.3%

Summary: The Neversink housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 23.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

2 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 Neversink, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Neversink in September 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Neversink, NY

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

Average Sale Time

Sep 2023Sep 2024CHANGE
50 Days208 Days+314.6%

Summary: Homes in Neversink had an average of 208 days on market in Sep 2024, up by 314.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 3 homes were sold in Neversink; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 29 Days Ago

Newest Listings in Neversink, NY

Nearby Markets to Neversink, NY

What housing markets are near Neversink, NY?