Is Slate Hill, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Slate Hill is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Slate Hill has remained a Seller's Market.

Key Takeaway

Slate Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Slate Hill, NY

How much do homes in Slate Hill, NY cost?

Median Sold Price

$415,000

$210/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since December 2023.

Key Takeaway

The sold price of homes in Slate Hill has remained the same since last year.

Summary: The median home sold price in Slate Hill was $415,000 in December 2024, the same as last year, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $160K-
N/A
3 $407.5K$404.9K
-0.6%
4 $546.2K$535K
-2.1%
5+ -$550K
N/A

Summary: Slate Hill 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 did not change, 3 bedroom homes decreased by 0.6%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Wawayanda
+2.2%
Slate Hill
0.0%

Housing Supply in Slate Hill, NY

How many homes are available in Slate Hill, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
76-14.3%

Summary: The Slate Hill real estate market had 6 homes for sale in December 2024, a 14.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 33
0.0%
4 43
-25.0%
5+ 00
0.0%

Summary: The Slate Hill 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Slate Hill, 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 Slate Hill in December 2024, up by 300.0% 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 Slate Hill, NY

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

Average Sale Time

Dec 2023Dec 2024CHANGE
73 Days66 Days-9.7%

Summary: Homes in Slate Hill had an average of 66 days on market in Dec 2024, down by 9.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 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 Slate Hill has remained consistent over time.

Summary: During December 2024, 4 homes were sold in Slate Hill; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 1 Day Ago

Newest Listings in Slate Hill, NY

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