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 November 2023

At the same time last year, Shawangunk was a Buyer's 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

$430,000

$229/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$28,750(+7.2%)

Key Takeaway

Homes in Shawangunk have sold for 7.2% more than they did a year ago.

Summary: The median home sold price in Shawangunk was $430,000 in November 2024, up 7.2% from last year, and the median price per square foot was $229.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $172.7K$336.2K
+94.6%
2 $217.5K$275K
+26.4%
3 $390K$415K
+6.4%
4 $560.5K$470K
-16.1%
5+ $599K$700K
+16.9%

Summary: Shawangunk housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 94.6%, 2 bedroom homes increased by 26.4%, 3 bedroom homes increased by 6.4%, 4 bedroom homes decreased by 16.1%, and 5+ bedroom homes increased by 16.9%.

Median Sold Price Compared To Nearby Cities

Mamakating
+11.1%
Ellenville
+9.5%
Crawford
+8.2%
Shawangunk
+7.2%
Pine Bush
+3.9%

Housing Supply in Shawangunk, NY

How many homes are available in Shawangunk, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4338-11.6%

Summary: The Shawangunk real estate market had 38 homes for sale in November 2024, a 11.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 106
-40.0%
3 1817
-5.6%
4 1111
0.0%
5+ 33
0.0%

Summary: The Shawangunk 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 40%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
660.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shawangunk, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in Shawangunk in November 2024, the same as the previous month. Of the 6 sold homes, 17% were sold under asking, 50% were sold at asking, and 33% 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

Nov 2023Nov 2024CHANGE
76 Days54 Days-29.0%

Summary: Homes in Shawangunk had an average of 54 days on market in Nov 2024, down by 29% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 November 2024, 6 homes were sold in Shawangunk; 0% of homes were sold within 30 days, 83% of homes were sold within 30 to 90 days, and 17% 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

Newest Listings in Shawangunk, NY

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