$10,000 Closing Credit*
$1,895,000
828 SqFt
1 Bed
•1 Full Bath
#RPLU-33423236547, Joseph Pellicane, Listing Office: Corcoran Group
Is Rose Hill, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$1,995,000
$1,770/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$555,000(-21.8%)
Key Takeaway
Homes in Rose Hill have sold for 21.8% less than they did a year ago.
Summary: The median home sold price in Rose Hill was $1,995,000 in October 2024, down 21.8% from last year, and the median price per square foot was $1,770.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.6M | $1.3M | -16.7% |
| 2 Bedrooms | $2.7M | $2.3M | -16.7% |
| 3 Bedrooms | $4.7M | $3.6M | -23.2% |
| 4 Bedrooms | $9.1M | $16.0M | +74.9% |
| 5+ Bedrooms | $9.3M | - | N/A |
Summary: Rose Hill housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 23.2%, 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 | -1.2% |
| Kips Bay | $875K | $827.5K | -5.4% |
| Rose Hill | $2.5M | $1.9M | -21.8% |
| Koreatown | $2.2M | $1.6M | -25.6% |
Housing Supply in Rose Hill, NY
How many homes are available in Rose Hill, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 71 | 70 | -1.4% |
Summary: The Rose Hill real estate market had 70 homes for sale in October 2024, a 1.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 17 | 17 | 0.0% |
| 2 Bedrooms | 32 | 29 | -9.4% |
| 3 Bedrooms | 16 | 16 | 0.0% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Rose Hill 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 decreased by 9.4%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
5 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. 71.4% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Rose Hill in October 2024, up by 40.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 71% 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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