$4,453 Closing Credit*
$375,000
1,192 SqFt
2 Beds
•1 Full Bath, 1 Partial
Listing Office: Howard Hanna Rand Realty
Is Pomona, 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, Pomona has remained a Seller's Market.
Key Takeaway
Pomona is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pomona, NY
How much do homes in Pomona, NY cost?
Median Sold Price
$397,500
$293/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,500(+0.6%)
Key Takeaway
Homes in Pomona have sold for 0.6% more than they did a year ago.
Summary: The median home sold price in Pomona was $397,500 in November 2024, up 0.6% from last year, and the median price per square foot was $293.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | $252K | +12.0% |
| 2 Bedrooms | $330K | $350K | +6.1% |
| 3 Bedrooms | $565K | $545K | -3.5% |
| 4 Bedrooms | $721K | $875K | +21.4% |
| 5+ Bedrooms | $994K | $820K | -17.5% |
Summary: Pomona housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12%, 2 bedroom homes increased by 6.1%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes decreased by 17.5%.
Median Sold Price Compared To Nearby Cities
| Ramapo | $668.5K | $767.8K | +14.9% |
| Wesley Hills | $922.5K | $975K | +5.7% |
| Pomona | $395K | $397.5K | +0.6% |
Housing Supply in Pomona, NY
How many homes are available in Pomona, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 44 | 35 | -20.5% |
Summary: The Pomona real estate market had 35 homes for sale in November 2024, a 20.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 9 | -30.8% |
| 2 Bedrooms | 8 | 4 | -50.0% |
| 3 Bedrooms | 5 | 2 | -60.0% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The Pomona housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 30.8%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 60%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pomona, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Pomona in November 2024, down by 11.1% month-over-month. Of the 8 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Pomona, NY
How long does it take to sell a home in Pomona, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 50 Days | 32 Days | -35.3% |
Summary: Homes in Pomona had an average of 32 days on market in Nov 2024, down by 35.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Pomona are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Pomona; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% 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.