$5,569 Closing Credit*
$469,000
2,808 SqFt
4 Beds
•2 Full Baths
Listing Office: Picture It Sold, LLC
Is New Paltz, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, New Paltz has remained a Seller's Market.
Key Takeaway
New Paltz is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in New Paltz, NY
How much do homes in New Paltz, NY cost?
Median Sold Price
$485,000
$314/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,500(+0.5%)
Key Takeaway
Homes in New Paltz have sold for 0.5% more than they did a year ago.
Summary: The median home sold price in New Paltz was $485,000 in November 2024, up 0.5% from last year, and the median price per square foot was $314.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $139K | $240K | +72.7% |
| 2 Bedrooms | $295K | $450.2K | +52.6% |
| 3 Bedrooms | $440K | $447.5K | +1.7% |
| 4 Bedrooms | $530K | $647.6K | +22.2% |
| 5+ Bedrooms | $600K | $562.5K | -6.3% |
Summary: New Paltz housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 72.7%, 2 bedroom homes increased by 52.6%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 6.3%.
Housing Supply in New Paltz, NY
How many homes are available in New Paltz, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 60 | 55 | -8.3% |
Summary: The New Paltz real estate market had 55 homes for sale in November 2024, a 8.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 3 | -50.0% |
| 3 Bedrooms | 34 | 34 | 0.0% |
| 4 Bedrooms | 15 | 14 | -6.7% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The New Paltz 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in New Paltz, expect to pay close to the asking price. 45.5% of homes here sold near the asking price last month.
Summary: A total of 11 homes were sold or pending in New Paltz in November 2024, up by 22.2% month-over-month. Of the 11 sold homes, 18% were sold under asking, 45% were sold at asking, and 36% were sold over asking.
Days on Market for New Paltz, NY
How long does it take to sell a home in New Paltz, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 92 Days | 38 Days | -58.3% |
Summary: Homes in New Paltz had an average of 38 days on market in Nov 2024, down by 58.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in New Paltz has remained consistent over time.
Summary: During November 2024, 11 homes were sold in New Paltz; 36% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 9% 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.