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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Royalton is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Royalton has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Royalton, NY

How much do homes in Royalton, NY cost?

Median Sold Price

$198,900

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$22,340(-10.1%)

Key Takeaway

Homes in Royalton have sold for 10.1% less than they did a year ago.

Summary: The median home sold price in Royalton was $198,900 in December 2024, down 10.1% from last year, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $55.5K$142.4K
+156.7%
2 $240.5K$150K
-37.6%
3 $181.8K$200K
+10.0%
4 $235K$270K
+14.9%
5+ $227K$190K
-16.3%

Summary: Royalton housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 156.7%, 2 bedroom homes decreased by 37.6%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 14.9%, and 5+ bedroom homes decreased by 16.3%.

Median Sold Price Compared To Nearby Cities

Newstead
+24.7%
Clarence
+5.1%
Clarence Center
+3.6%
Royalton
-10.1%

Housing Supply in Royalton, NY

How many homes are available in Royalton, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2416-33.3%

Summary: The Royalton real estate market had 16 homes for sale in December 2024, a 33.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 44
0.0%
3 95
-44.4%
4 85
-37.5%
5+ 32
-33.3%

Summary: The Royalton housing inventory by bedroom type for December 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 44.4%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Royalton, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Royalton in December 2024, down by 28.6% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for Royalton, NY

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

Average Sale Time

Dec 2023Dec 2024CHANGE
15 Days32 Days+112.5%

Summary: Homes in Royalton had an average of 32 days on market in Dec 2024, up by 112.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Royalton are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 5 homes were sold in Royalton; 60% of homes were sold within 30 days, 40% 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 4 Days Ago

Newest Listings in Royalton, NY

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