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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Poestenkill is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Poestenkill, NY

How much do homes in Poestenkill, NY cost?

Median Sold Price

$342,500

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$53,090(+18.3%)

Key Takeaway

Homes in Poestenkill have sold for 18.3% more than they did a year ago.

Summary: The median home sold price in Poestenkill was $342,500 in November 2024, up 18.3% from last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $102K$152K
+49.0%
3 $294K$335.5K
+14.1%
4 $406K$407.5K
0.4%
5+ $200.4K$671.6K
+235.1%

Summary: Poestenkill 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 49%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 235.1%.

Median Sold Price Compared To Nearby Cities

Poestenkill
+18.3%
Sand Lake
+13.6%
Averill Park
+8.6%
Wynantskill
+2.8%

Housing Supply in Poestenkill, NY

How many homes are available in Poestenkill, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
128-33.3%

Summary: The Poestenkill real estate market had 8 homes for sale in November 2024, a 33.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 53
-40.0%
4 42
-50.0%
5+ 12
+100.0%

Summary: The Poestenkill 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 50%, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Poestenkill, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Poestenkill in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Poestenkill, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
59 Days36 Days-39.5%

Summary: Homes in Poestenkill had an average of 36 days on market in Nov 2024, down by 39.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Poestenkill; 50% of homes were sold within 30 days, 50% 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 17 Days Ago

Newest Listings in Poestenkill, NY

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