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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Remsenburg is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Remsenburg has remained a Buyer's Market.

Key Takeaway

Remsenburg is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Remsenburg, NY

How much do homes in Remsenburg, NY cost?

Median Sold Price

$800,000

$615/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$650,000(-44.8%)

Key Takeaway

Homes in Remsenburg have sold for 44.8% less than they did a month ago.

Summary: The median home sold price in Remsenburg was $800,000 in December 2024, down 44.8% from last month, and the median price per square foot was $615.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $375K$800K
+113.3%
3 $1.4M-
N/A
4 --
N/A
5+ $2.7M-
N/A

Summary: Remsenburg housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 113.3%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Remsenburg, NY

How many homes are available in Remsenburg, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2725-7.4%

Summary: The Remsenburg real estate market had 25 homes for sale in December 2024, a 7.4% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 54
-20.0%
4 77
0.0%
5+ 1212
0.0%

Summary: The Remsenburg housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 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 Remsenburg, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Remsenburg in December 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Remsenburg, NY

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

Average Sale Time

Nov 2024Dec 2024CHANGE
192 Days7 Days-96.4%

Summary: Homes in Remsenburg had an average of 7 days on market in Dec 2024, down by 96.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 1 homes were sold in Remsenburg; 100% of homes were sold within 30 days, 0% 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 7 Days Ago

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