$7,125 Closing Credit*
$599,999
2,342 SqFt
3 Beds
•2 Full Baths
Listing Office: Coldwell Banker American Homes
Is Red Hook, 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, Red Hook was a Neutral Market.
Key Takeaway
Red Hook is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Red Hook, NY
How much do homes in Red Hook, NY cost?
Median Sold Price
$560,000
$271/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$75,000(+15.5%)
Key Takeaway
Homes in Red Hook have sold for 15.5% more than they did a year ago.
Summary: The median home sold price in Red Hook was $560,000 in November 2024, up 15.5% from last year, and the median price per square foot was $271.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $255K | N/A |
| 2 Bedrooms | $366K | $408.5K | +11.6% |
| 3 Bedrooms | $452.5K | $560K | +23.8% |
| 4 Bedrooms | $692K | $578.1K | -16.5% |
| 5+ Bedrooms | $590K | $799.5K | +35.5% |
Summary: Red Hook 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 11.6%, 3 bedroom homes increased by 23.8%, 4 bedroom homes decreased by 16.5%, and 5+ bedroom homes increased by 35.5%.
Housing Supply in Red Hook, NY
How many homes are available in Red Hook, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 63 | 47 | -25.4% |
Summary: The Red Hook real estate market had 47 homes for sale in November 2024, a 25.4% 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 | 10 | 4 | -60.0% |
| 3 Bedrooms | 32 | 24 | -25.0% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Red Hook 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 60%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 6 | -45.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Red Hook, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Red Hook in November 2024, down by 45.5% month-over-month. Of the 6 sold homes, 17% were sold under asking, 50% were sold at asking, and 33% were sold over asking.
Days on Market for Red Hook, NY
How long does it take to sell a home in Red Hook, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 45 Days | 44 Days | -1.1% |
Summary: Homes in Red Hook had an average of 44 days on market in Nov 2024, down by 1.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Red Hook are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Red Hook; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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. 
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.