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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Selkirk is a neutral's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Selkirk was a Seller's Market.

Key Takeaway

Selkirk 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 Selkirk, NY

How much do homes in Selkirk, NY cost?

Median Sold Price

$330,000

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$39,500(+13.6%)

Key Takeaway

Homes in Selkirk have sold for 13.6% more than they did a year ago.

Summary: The median home sold price in Selkirk was $330,000 in December 2024, up 13.6% from last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $202.5K$231.9K
+14.5%
3 $272.5K$341.5K
+25.3%
4 $375K$296K
-21.1%
5+ $555K$702.4K
+26.6%

Summary: Selkirk housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.5%, 3 bedroom homes increased by 25.3%, 4 bedroom homes decreased by 21.1%, and 5+ bedroom homes increased by 26.6%.

Median Sold Price Compared To Nearby Cities

Selkirk
+13.6%
Coeymans
+10.2%
Ravena
+7.1%
Glenmont
+6.8%

Housing Supply in Selkirk, NY

How many homes are available in Selkirk, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2619-26.9%

Summary: The Selkirk real estate market had 19 homes for sale in December 2024, a 26.9% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 42
-50.0%
3 1411
-21.4%
4 54
-20.0%
5+ 21
-50.0%

Summary: The Selkirk 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 decreased by 50%, 3 bedroom homes decreased by 21.4%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Selkirk, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Selkirk in December 2024, down by 40.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Selkirk, NY

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

Average Sale Time

Dec 2023Dec 2024CHANGE
17 Days8 Days-54.7%

Summary: Homes in Selkirk had an average of 8 days on market in Dec 2024, down by 54.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 3 homes were sold in Selkirk; 100% of homes were sold within 30 days, 0% 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 Selkirk, NY

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