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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rosebank is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Rosebank was a Seller's Market.

Key Takeaway

Rosebank is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Rosebank, NY

How much do homes in Rosebank, NY cost?

Median Sold Price

$685,000

$516/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$55,000(-7.4%)

Key Takeaway

Homes in Rosebank have sold for 7.4% less than they did a month ago.

Summary: The median home sold price in Rosebank was $685,000 in October 2024, down 7.4% from last month, and the median price per square foot was $516.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $740K$660K
-10.8%
4 $610K-
N/A
5+ -$745K
N/A

Summary: Rosebank 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 decreased by 10.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Rosebank, NY

How many homes are available in Rosebank, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2118-14.3%

Summary: The Rosebank real estate market had 18 homes for sale in October 2024, a 14.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 22
0.0%
3 74
-42.9%
4 66
0.0%
5+ 33
0.0%

Summary: The Rosebank 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 decreased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were 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 Rosebank, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Rosebank in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Rosebank, NY

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

Average Sale Time

Sep 2024Oct 2024CHANGE
31 Days125 Days+301.1%

Summary: Homes in Rosebank had an average of 125 days on market in Oct 2024, up by 301.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Rosebank are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 3 homes were sold in Rosebank; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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 22 Days Ago

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