$2,750,000
1,663 SqFt
2 Beds
•2 Full Baths
#RPLU-5123241257, Lauren Muss, Listing Office: Douglas Elliman Real Estate
Is Rose Hill, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Rose Hill has remained a Buyer's Market.
Key Takeaway
Rose Hill is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Rose Hill, NY
How much do homes in Rose Hill, NY cost?
Median Sold Price
$2,004,500
$1,813/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$545,500(-21.4%)
Key Takeaway
Homes in Rose Hill have sold for 21.4% less than they did a year ago.
Summary: The median home sold price in Rose Hill was $2,004,500 in November 2024, down 21.4% from last year, and the median price per square foot was $1,813.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.6M | $1.3M | -18.9% |
| 2 Bedrooms | $2.7M | $2.5M | -8.3% |
| 3 Bedrooms | $4.7M | $3.2M | -32.4% |
| 4 Bedrooms | $9.1M | $16.0M | +74.9% |
| 5+ Bedrooms | $9.3M | - | N/A |
Summary: Rose Hill housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.9%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes decreased by 32.4%, 4 bedroom homes increased by 74.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Midtown Manhattan | $1.2M | $1.2M | -0.3% |
| Kips Bay | $900K | $830K | -7.8% |
| Rose Hill | $2.5M | $2.0M | -21.4% |
| Koreatown | $2.2M | $1.5M | -29.2% |
Housing Supply in Rose Hill, NY
How many homes are available in Rose Hill, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 69 | 63 | -8.7% |
Summary: The Rose Hill real estate market had 63 homes for sale in November 2024, a 8.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 18 | 14 | -22.2% |
| 2 Bedrooms | 27 | 24 | -11.1% |
| 3 Bedrooms | 16 | 16 | 0.0% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Rose Hill housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 22.2%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rose Hill, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Rose Hill in November 2024, down by 42.9% month-over-month. Of the 4 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Rose Hill, NY
We’re sorry, we don't have information for this market at the moment
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