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

$440,002

$221/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$1,002(+0.2%)

Key Takeaway

The sold price of homes in Rexford has remained the same since last month.

Summary: The median home sold price in Rexford was $440,002 in November 2024, up 0.2% from last month, and the median price per square foot was $221.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $1.3M$365K
-71.9%
4 $423K$515K
+21.7%
5+ $382.5K-
N/A

Summary: Rexford housing prices by bedroom type for November 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 decreased by 71.9%, 4 bedroom homes increased by 21.7%, 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

Oct 2024Nov 2024CHANGE
1510-33.3%

Summary: The Rexford real estate market had 10 homes for sale in November 2024, a 33.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 64
-33.3%
4 46
+50.0%
5+ 50
-100.0%

Summary: The Rexford 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was 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 Rexford, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Rexford in November 2024, down by 50.0% month-over-month. Of the 2 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

Oct 2024Nov 2024CHANGE
8 Days29 Days+231.4%

Summary: Homes in Rexford had an average of 29 days on market in Nov 2024, up by 231.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was 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 November 2024, 2 homes were sold in Rexford; 50% of homes were sold within 30 days, 50% 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 17 Days Ago

Newest Listings in Rexford, NY

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