Is North Greenbush, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Greenbush is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, North Greenbush has remained a Seller's Market.

Key Takeaway

North Greenbush is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in North Greenbush, NY

How much do homes in North Greenbush, NY cost?

Median Sold Price

$394,000

$224/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$27,000(-6.4%)

Key Takeaway

Homes in North Greenbush have sold for 6.4% less than they did a year ago.

Summary: The median home sold price in North Greenbush was $394,000 in November 2024, down 6.4% from last year, and the median price per square foot was $224.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $380K-
N/A
2 $250K$272.5K
+9.0%
3 $437.5K$361.2K
-17.4%
4 $475.5K$420K
-11.7%
5+ $393K$562.5K
+43.1%

Summary: North Greenbush housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9%, 3 bedroom homes decreased by 17.4%, 4 bedroom homes decreased by 11.7%, and 5+ bedroom homes increased by 43.1%.

Median Sold Price Compared To Nearby Cities

East Greenbush
+6.7%
Wynantskill
+2.8%
Rensselaer
+2.1%
Menands
-0.3%
North Greenbush
-6.4%

Housing Supply in North Greenbush, NY

How many homes are available in North Greenbush, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4336-16.3%

Summary: The North Greenbush real estate market had 36 homes for sale in November 2024, a 16.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 87
-12.5%
3 2419
-20.8%
4 96
-33.3%
5+ 24
+100.0%

Summary: The North Greenbush 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 12.5%, 3 bedroom homes decreased by 20.8%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1413-7.1%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Greenbush, you could pay more than the asking price. 53.8% of homes here sold above asking price last month.

Summary: A total of 13 homes were sold or pending in North Greenbush in November 2024, down by 7.1% month-over-month. Of the 13 sold homes, 38% were sold under asking, 8% were sold at asking, and 54% were sold over asking.

Days on Market for North Greenbush, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
52 Days19 Days-63.8%

Summary: Homes in North Greenbush had an average of 19 days on market in Nov 2024, down by 63.8% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in North Greenbush are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 13 homes were sold in North Greenbush; 69% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

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