Is Rock Tavern, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rock Tavern is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Rock Tavern, NY

How much do homes in Rock Tavern, NY cost?

Median Sold Price

$587,750

$264/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$102,250(-14.8%)

Key Takeaway

Homes in Rock Tavern have sold for 14.8% less than they did a month ago.

Summary: The median home sold price in Rock Tavern was $587,750 in November 2024, down 14.8% from last month, and the median price per square foot was $264.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$516.5K
N/A
4 $690K$659K
-4.5%
5+ --
N/A

Summary: Rock Tavern 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 did not change, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes did not change.

Housing Supply in Rock Tavern, NY

How many homes are available in Rock Tavern, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
550.0%

Summary: The Rock Tavern real estate market had 5 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 33
0.0%
4 21
-50.0%
5+ 00
0.0%

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

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

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 Rock Tavern, 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 Rock Tavern in November 2024, up by 100.0% 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 Rock Tavern, NY

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

Average Sale Time

Oct 2024Nov 2024CHANGE
119 Days67 Days-43.3%

Summary: Homes in Rock Tavern had an average of 67 days on market in Nov 2024, down by 43.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Rock Tavern has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Rock Tavern; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 2 Days Ago

Newest Listings in Rock Tavern, NY

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