Is Port Ewen, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Port Ewen is a seller's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Port Ewen, NY

How much do homes in Port Ewen, NY cost?

Median Sold Price

$345,000

$258/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$19,000(+5.8%)

Key Takeaway

Homes in Port Ewen have sold for 5.8% more than they did a year ago.

Summary: The median home sold price in Port Ewen was $345,000 in December 2024, up 5.8% from last year, and the median price per square foot was $258.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $311K$310K
-0.3%
2 $331.9K$339K
+2.1%
3 $325K$280K
-13.8%
4 $350.7K$467K
+33.1%
5+ --
N/A

Summary: Port Ewen housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.3%, 2 bedroom homes increased by 2.1%, 3 bedroom homes decreased by 13.8%, 4 bedroom homes increased by 33.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Esopus
+24.8%
Port Ewen
+5.8%
Kingston
+5.4%

Housing Supply in Port Ewen, NY

How many homes are available in Port Ewen, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2320-13.0%

Summary: The Port Ewen real estate market had 20 homes for sale in December 2024, a 13.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 24
+100.0%
2 96
-33.3%
3 66
0.0%
4 53
-40.0%
5+ 11
0.0%

Summary: The Port Ewen housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 Homes Were 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 Port Ewen, 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 Port Ewen in December 2024, up by 33.3% 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 Port Ewen, NY

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

Average Sale Time

Dec 2023Dec 2024CHANGE
27 Days126 Days+366.7%

Summary: Homes in Port Ewen had an average of 126 days on market in Dec 2024, up by 366.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Port Ewen are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 4 homes were sold in Port Ewen; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 4 Days Ago

Newest Listings in Port Ewen, NY

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