$3,087 Closing Credit*
$259,999
1,296 SqFt
3 Beds
•1 Full Bath
Listing Office: Hudson Valley Home Connection
Is Newburgh, 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, 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
$373,000
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,333(+7.3%)
Key Takeaway
Homes in Newburgh have sold for 7.3% more than they did a year ago.
Summary: The median home sold price in Newburgh was $373,000 in November 2024, up 7.3% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $137.4K | $150K | +9.1% |
| 2 Bedrooms | $280K | $290.5K | +3.8% |
| 3 Bedrooms | $350K | $393K | +12.3% |
| 4 Bedrooms | $442.5K | $459K | +3.7% |
| 5+ Bedrooms | $410K | $445K | +8.5% |
Summary: Newburgh housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 8.5%.
Median Sold Price Compared To Nearby Cities
| New Windsor | $375.5K | $410K | +9.2% |
| Newburgh | $347.6K | $373K | +7.3% |
Housing Supply in Newburgh, NY
How many homes are available in Newburgh, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 242 | 209 | -13.6% |
Summary: The Newburgh real estate market had 209 homes for sale in November 2024, a 13.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 7 | +40.0% |
| 2 Bedrooms | 33 | 26 | -21.2% |
| 3 Bedrooms | 101 | 86 | -14.9% |
| 4 Bedrooms | 56 | 39 | -30.4% |
| 5+ Bedrooms | 47 | 51 | +8.5% |
Summary: The Newburgh housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes decreased by 21.2%, 3 bedroom homes decreased by 14.9%, 4 bedroom homes decreased by 30.4%, and 5+ bedroom homes increased by 8.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 48 | 36 | -25.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Newburgh, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.
Summary: A total of 36 homes were sold or pending in Newburgh in November 2024, down by 25.0% month-over-month. Of the 36 sold homes, 42% were sold under asking, 28% were sold at asking, and 31% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 37 Days | 39 Days | +5.4% |
Summary: Homes in Newburgh had an average of 39 days on market in Nov 2024, up by 5.4% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
3 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 November 2024, 36 homes were sold in Newburgh; 53% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% 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. 
Copyright © 2024 Hudson Valley Catskill Region MLS. All rights reserved. Real estate listings of brokerage firms other than Hudson Valley Catskill Region MLS are marked with the IDX logo and the detailed information about them includes the listing broker's name. This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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.