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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Smyrna is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Smyrna has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Smyrna, NY

How much do homes in Smyrna, NY cost?

Median Sold Price

$212,900

$114/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

-$175,100(-45.1%)

Key Takeaway

Homes in Smyrna have sold for 45.1% less than they did a month ago.

Summary: The median home sold price in Smyrna was $212,900 in September 2024, down 45.1% from last month, and the median price per square foot was $114.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 $101K-
N/A
3 $675K$190.8K
-71.7%
4 -$235K
N/A
5+ --
N/A

Summary: Smyrna housing prices by bedroom type for September 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 71.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Smyrna, NY

How many homes are available in Smyrna, NY?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
75-28.6%

Summary: The Smyrna real estate market had 5 homes for sale in September 2024, a 28.6% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 32
-33.3%
4 11
0.0%
5+ 00
0.0%

Summary: The Smyrna housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Smyrna, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Smyrna in September 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Smyrna, NY

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

Average Sale Time

Aug 2024Sep 2024CHANGE
99 Days4 Days-96.0%

Summary: Homes in Smyrna had an average of 4 days on market in Sep 2024, down by 96% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 2 homes were sold in Smyrna; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 29 Days Ago

Newest Listings in Smyrna, NY

Nearby Markets to Smyrna, NY