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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Plattekill is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Plattekill, NY

How much do homes in Plattekill, NY cost?

Median Sold Price

$425,000

$234/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$65,500(+18.2%)

Key Takeaway

Homes in Plattekill have sold for 18.2% more than they did a year ago.

Summary: The median home sold price in Plattekill was $425,000 in November 2024, up 18.2% from last year, and the median price per square foot was $234.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $306.4K$300K
-2.1%
3 $359K$380K
+5.8%
4 $470K$475K
+1.1%
5+ $250K$475K
+90.0%

Summary: Plattekill 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 decreased by 2.1%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 90%.

Median Sold Price Compared To Nearby Cities

Modena
+23.8%
Plattekill
+18.2%
Marlboro
+13.8%
Milton
+9.9%

Housing Supply in Plattekill, NY

How many homes are available in Plattekill, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3435+2.9%

Summary: The Plattekill real estate market had 35 homes for sale in November 2024, a 2.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 53
-40.0%
3 911
+22.2%
4 1515
0.0%
5+ 45
+25.0%

Summary: The Plattekill 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 40%, 3 bedroom homes increased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Plattekill, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Plattekill in November 2024, up by 200.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.

Days on Market for Plattekill, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
95 Days40 Days-58.1%

Summary: Homes in Plattekill had an average of 40 days on market in Nov 2024, down by 58.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 6 homes were sold in Plattekill; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% 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 2 Days Ago

Newest Listings in Plattekill, NY

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