$2,019 Closing Credit*
$170,000
700 SqFt
1 Bed
•1 Full Bath
Listing Office: Clarke Realty
Is Pelham Bay, 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, Pelham Bay has remained a Buyer's Market.
Key Takeaway
Pelham Bay is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Pelham Bay, NY
How much do homes in Pelham Bay, NY cost?
Median Sold Price
$672,500
$316/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$62,500(-8.5%)
Key Takeaway
Homes in Pelham Bay have sold for 8.5% less than they did a year ago.
Summary: The median home sold price in Pelham Bay was $672,500 in November 2024, down 8.5% from last year, and the median price per square foot was $316.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $173K | $170K | -1.7% |
| 2 Bedrooms | $421.5K | $290K | -31.2% |
| 3 Bedrooms | $650K | $675K | +3.8% |
| 4 Bedrooms | $757.5K | $795K | +5.0% |
| 5+ Bedrooms | $995K | $915K | -8.0% |
Summary: Pelham Bay housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.7%, 2 bedroom homes decreased by 31.2%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 8%.
Median Sold Price Compared To Nearby Neighborhoods
| Schuylerville | $657.5K | $770K | +17.1% |
| Pelham Gardens | $685K | $726K | +6.0% |
| Country Club | $705K | $701K | -0.6% |
| Pelham Bay | $735K | $672.5K | -8.5% |
Housing Supply in Pelham Bay, NY
How many homes are available in Pelham Bay, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 28 | -12.5% |
Summary: The Pelham Bay real estate market had 28 homes for sale in November 2024, a 12.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 6 | -25.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The Pelham Bay housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 2 | -71.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pelham Bay, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Pelham Bay in November 2024, down by 71.4% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Pelham Bay, NY
How long does it take to sell a home in Pelham Bay, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 77 Days | +247.0% |
Summary: Homes in Pelham Bay had an average of 77 days on market in Nov 2024, up by 247% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Pelham Bay are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Pelham Bay; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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. 
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