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 November 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

$200,000

$139/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$17,000(-7.8%)

Key Takeaway

Homes in Royalton have sold for 7.8% less than they did a year ago.

Summary: The median home sold price in Royalton was $200,000 in November 2024, down 7.8% from last year, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $55.5K$142.4K
+156.7%
2 $240.5K$108.5K
-54.9%
3 $184.9K$216.5K
+17.1%
4 $230K$256K
+11.3%
5+ $223.5K$190K
-15.0%

Summary: Royalton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 156.7%, 2 bedroom homes decreased by 54.9%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes decreased by 15%.

Median Sold Price Compared To Nearby Cities

Newstead
+21.7%
Clarence
+7.9%
Clarence Center
+5.7%
Royalton
-7.8%

Housing Supply in Royalton, NY

How many homes are available in Royalton, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2720-25.9%

Summary: The Royalton real estate market had 20 homes for sale in November 2024, a 25.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 1110
-9.1%
4 104
-60.0%
5+ 23
+50.0%

Summary: The Royalton 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 decreased by 25%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
96-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Royalton, you could pay more than the asking price. 83.3% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Royalton in November 2024, down by 33.3% month-over-month. Of the 6 sold homes, 17% were sold under asking, 0% were sold at asking, and 83% 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

Nov 2023Nov 2024CHANGE
99 Days21 Days-78.0%

Summary: Homes in Royalton had an average of 21 days on market in Nov 2024, down by 78% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was 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 November 2024, 6 homes were sold in Royalton; 83% of homes were sold within 30 days, 17% 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 2 Days Ago

Newest Listings in Royalton, NY

Nearby Markets to Royalton, NY

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