$2,849 Closing Credit*
$239,900
1,820 SqFt
3 Beds
•1 Full Bath, 1 Partial
Listing Office: River Realty Services, Inc.
Is Newburgh, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Newburgh has remained a Seller's Market.
Key Takeaway
Newburgh is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Newburgh, NY
How much do homes in Newburgh, NY cost?
Median Sold Price
$373,611
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$23,611(+6.7%)
Key Takeaway
Homes in Newburgh have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in Newburgh was $373,611 in October 2024, up 6.7% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $137.4K | $150K | +9.1% |
| 2 Bedrooms | $280K | $294.2K | +5.1% |
| 3 Bedrooms | $350K | $393K | +12.3% |
| 4 Bedrooms | $436.7K | $454.5K | +4.1% |
| 5+ Bedrooms | $395K | $453K | +14.7% |
Summary: Newburgh housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 14.7%.
Median Sold Price Compared To Nearby Cities
| New Windsor | $380K | $410K | +7.9% |
| Newburgh | $350K | $373.6K | +6.7% |
Housing Supply in Newburgh, NY
How many homes are available in Newburgh, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 259 | 269 | +3.9% |
Summary: The Newburgh real estate market had 269 homes for sale in October 2024, a 3.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 42 | 35 | -16.7% |
| 3 Bedrooms | 105 | 115 | +9.5% |
| 4 Bedrooms | 66 | 62 | -6.1% |
| 5+ Bedrooms | 42 | 52 | +23.8% |
Summary: The Newburgh housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 9.5%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes increased by 23.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 45 | +2.3% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Newburgh, you may be able to get a good deal. 48.9% of homes here sold below asking price last month.
Summary: A total of 45 homes were sold or pending in Newburgh in October 2024, up by 2.3% month-over-month. Of the 45 sold homes, 49% were sold under asking, 11% were sold at asking, and 40% were sold over asking.
Days on Market for Newburgh, NY
How long does it take to sell a home in Newburgh, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 56 Days | 74 Days | +33.5% |
Summary: Homes in Newburgh had an average of 74 days on market in Oct 2024, up by 33.5% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Newburgh are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 45 homes were sold in Newburgh; 38% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 27% 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. 
The data relating to real estate for sale or rent on this web site comes from the IDX program of the Mid Hudson Multiple Listing Service, LLC. IDX 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. Information deemed reliable but not guaranteed and should be verified.