$1,544 Closing Credit*
$130,000
1,368 SqFt
3 Beds
•1 Full Bath
Jennie Chapin, Listing Office: Chapin Real Estate
Is Sherrill, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Sherrill has remained a Seller's Market.
Key Takeaway
Sherrill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sherrill, NY
How much do homes in Sherrill, NY cost?
Median Sold Price
$290,000
$235/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$94,000(+48.0%)
Key Takeaway
Homes in Sherrill have sold for 48% more than they did a month ago.
Summary: The median home sold price in Sherrill was $290,000 in October 2024, up 48% from last month, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $173K | $240K | +38.7% |
| 3 Bedrooms | $196K | $322.5K | +64.5% |
| 4 Bedrooms | $447K | $300K | -32.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: Sherrill housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 38.7%, 3 bedroom homes increased by 64.5%, 4 bedroom homes decreased by 32.9%, and 5+ bedroom homes did not change.
Housing Supply in Sherrill, NY
How many homes are available in Sherrill, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 9 | -43.8% |
Summary: The Sherrill real estate market had 9 homes for sale in October 2024, a 43.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 9 | 5 | -44.4% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Sherrill housing inventory by bedroom type for October 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 44.4%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sherrill, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Sherrill in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.
Days on Market for Sherrill, NY
How long does it take to sell a home in Sherrill, NY?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 3 Days | -80.0% |
Summary: Homes in Sherrill had an average of 3 days on market in Oct 2024, down by 80% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sherrill are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Sherrill; 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.
