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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shawangunk is a neutral's market

Buyer's
Market

Difference Since October 2023

Since last year, Shawangunk has remained a Neutral Market.

Key Takeaway

Shawangunk 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 Shawangunk, NY

How much do homes in Shawangunk, NY cost?

Median Sold Price

$435,000

$229/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$50,000(+13.0%)

Key Takeaway

Homes in Shawangunk have sold for 13% more than they did a year ago.

Summary: The median home sold price in Shawangunk was $435,000 in October 2024, up 13% from last year, and the median price per square foot was $229.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $189K$336.2K
+77.9%
2 $217.5K$272.5K
+25.3%
3 $385K$410K
+6.5%
4 $502.6K$486.4K
-3.2%
5+ $509.5K$672.5K
+32.0%

Summary: Shawangunk housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 77.9%, 2 bedroom homes increased by 25.3%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 32%.

Median Sold Price Compared To Nearby Cities

Shawangunk
+13.0%
Crawford
+6.3%
Pine Bush
+3.9%
Ellenville
+2.9%
Mamakating
+1.2%

Housing Supply in Shawangunk, NY

How many homes are available in Shawangunk, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5149-3.9%

Summary: The Shawangunk real estate market had 49 homes for sale in October 2024, a 3.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 912
+33.3%
3 1918
-5.3%
4 1915
-21.1%
5+ 43
-25.0%

Summary: The Shawangunk housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 21.1%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
117-36.4%

Asking Price vs. Sold Price

2 Homes Were 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 Shawangunk, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Shawangunk in October 2024, down by 36.4% month-over-month. Of the 7 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% were sold over asking.

Days on Market for Shawangunk, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
57 Days92 Days+61.9%

Summary: Homes in Shawangunk had an average of 92 days on market in Oct 2024, up by 61.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Shawangunk has remained consistent over time.

Summary: During October 2024, 7 homes were sold in Shawangunk; 14% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 43% 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 20 Days Ago

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