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 November 2023

Since last year, Neversink has remained a Buyer'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

$359,000

$241/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$99,000(+38.1%)

Key Takeaway

Homes in Neversink have sold for 38.1% more than they did a year ago.

Summary: The median home sold price in Neversink was $359,000 in November 2024, up 38.1% from last year, and the median price per square foot was $241.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $268K$179K
-33.2%
2 $204K$215K
+5.4%
3 $260K$350K
+34.6%
4 $329K$395K
+20.1%
5+ $599K$830K
+38.6%

Summary: Neversink housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.2%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 34.6%, 4 bedroom homes increased by 20.1%, and 5+ bedroom homes increased by 38.6%.

Housing Supply in Neversink, NY

How many homes are available in Neversink, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2519-24.0%

Summary: The Neversink real estate market had 19 homes for sale in November 2024, a 24.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 44
0.0%
3 63
-50.0%
4 66
0.0%
5+ 86
-25.0%

Summary: The Neversink housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were 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 Neversink, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Neversink in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
64 Days337 Days+423.3%

Summary: Homes in Neversink had an average of 337 days on market in Nov 2024, up by 423.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were 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 November 2024, 2 homes were sold in Neversink; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 20 Days Ago

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