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 Last Month

Last month, Slate Hill was a Buyer'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

$156,250

$101/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$333,750(-68.1%)

Key Takeaway

Homes in Slate Hill have sold for 68.1% less than they did a month ago.

Summary: The median home sold price in Slate Hill was $156,250 in October 2024, down 68.1% from last month, and the median price per square foot was $101.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $490K$156.2K
-68.1%
4 --
N/A
5+ --
N/A

Summary: Slate Hill 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 did not change, 3 bedroom homes decreased by 68.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

New Hampton
+13.7%
Slate Hill
-68.1%

Housing Supply in Slate Hill, NY

How many homes are available in Slate Hill, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
811+37.5%

Summary: The Slate Hill real estate market had 11 homes for sale in October 2024, a 37.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 66
0.0%
4 25
+150.0%
5+ 00
0.0%

Summary: The Slate Hill 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 150%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Slate Hill, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Slate Hill in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Sep 2024Oct 2024CHANGE
32 Days71 Days+121.9%

Summary: Homes in Slate Hill had an average of 71 days on market in Oct 2024, up by 121.9% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Slate Hill; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 4 Days Ago

Newest Listings in Slate Hill, NY

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