$4,144 Closing Credit*
$349,000
1,296 SqFt
3 Beds
•2 Full Baths
Listing Office: Keller Williams Hudson Valley
Is Pine Plains, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Pine Plains was a Buyer's Market.
Key Takeaway
Pine Plains is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pine Plains, NY
How much do homes in Pine Plains, NY cost?
Median Sold Price
$412,500
$272/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$54,000(+15.1%)
Key Takeaway
Homes in Pine Plains have sold for 15.1% more than they did a year ago.
Summary: The median home sold price in Pine Plains was $412,500 in November 2024, up 15.1% from last year, and the median price per square foot was $272.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $650K | - | N/A |
| 2 Bedrooms | $167.5K | $338.7K | +102.2% |
| 3 Bedrooms | $383.5K | $400K | +4.3% |
| 4 Bedrooms | $351K | $575K | +63.8% |
| 5+ Bedrooms | $485K | $410K | -15.5% |
Summary: Pine Plains 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 102.2%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 63.8%, and 5+ bedroom homes decreased by 15.5%.
Median Sold Price Compared To Nearby Cities
| Stanfordville | $387.5K | $570K | +47.1% |
| Pine Plains | $358.5K | $412.5K | +15.1% |
Housing Supply in Pine Plains, NY
How many homes are available in Pine Plains, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Summary: The Pine Plains real estate market had 13 homes for sale in November 2024, a 7.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Pine Plains 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 remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Pine Plains, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Pine Plains in November 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Pine Plains, NY
How long does it take to sell a home in Pine Plains, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 91 Days | 85 Days | -6.2% |
Summary: Homes in Pine Plains had an average of 85 days on market in Nov 2024, down by 6.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Pine Plains are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 4 homes were sold in Pine Plains; 25% 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.