Is Nyack, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nyack is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Nyack has remained a Buyer's Market.

Key Takeaway

Nyack is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Nyack, NY

How much do homes in Nyack, NY cost?

Median Sold Price

$665,000

$392/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$37,500(+6.0%)

Key Takeaway

Homes in Nyack have sold for 6% more than they did a year ago.

Summary: The median home sold price in Nyack was $665,000 in October 2024, up 6% from last year, and the median price per square foot was $392.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $267K$310K
+16.1%
2 $439K$475K
+8.2%
3 $660.5K$677.5K
+2.6%
4 $900K$950K
+5.6%
5+ $1.0M$1.1M
+11.9%

Summary: Nyack housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.1%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 11.9%.

Median Sold Price Compared To Nearby Cities

Orangetown
+9.5%
Nyack
+6.0%
Valley Cottage
-10.2%
Sleepy Hollow
-16.7%

Housing Supply in Nyack, NY

How many homes are available in Nyack, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6163+3.3%

Summary: The Nyack real estate market had 63 homes for sale in October 2024, a 3.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 129
-25.0%
2 78
+14.3%
3 1920
+5.3%
4 1312
-7.7%
5+ 1014
+40.0%

Summary: The Nyack housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
106-40.0%

Asking Price vs. Sold Price

6 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 Nyack, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Nyack in October 2024, down by 40.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Nyack, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
42 Days81 Days+92.9%

Summary: Homes in Nyack had an average of 81 days on market in Oct 2024, up by 92.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Nyack has remained consistent over time.

Summary: During October 2024, 6 homes were sold in Nyack; 17% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 33% 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

Newest Listings in Nyack, NY

Nearby Markets to Nyack, NY

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