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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rexford is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Rexford has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Rexford, NY

How much do homes in Rexford, NY cost?

Median Sold Price

$439,000

$215/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$61,000(-12.2%)

Key Takeaway

Homes in Rexford have sold for 12.2% less than they did a month ago.

Summary: The median home sold price in Rexford was $439,000 in October 2024, down 12.2% from last month, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $500K$1.3M
+160.0%
4 $499.5K$423K
-15.3%
5+ -$382.5K
N/A

Summary: Rexford housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 160%, 4 bedroom homes decreased by 15.3%, and 5+ bedroom homes did not change.

Housing Supply in Rexford, NY

How many homes are available in Rexford, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1916-15.8%

Summary: The Rexford real estate market had 16 homes for sale in October 2024, a 15.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 66
0.0%
4 74
-42.9%
5+ 66
0.0%

Summary: The Rexford housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 4 homes were sold or pending in Rexford in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Rexford, NY

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

Average Sale Time

Sep 2024Oct 2024CHANGE
17 Days8 Days-49.7%

Summary: Homes in Rexford had an average of 8 days on market in Oct 2024, down by 49.7% compared to last month.

Breakdown of Home Sale Times

4 Homes Were 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 Rexford are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Rexford; 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 16 Days Ago

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