$3,200 Closing Credit*
$269,500
1,025 SqFt
2 Beds
•1 Full Bath, 1 Partial
Listing Office: Keller Williams Realty
Is South Blooming Grove, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, South Blooming Grove has remained a Buyer's Market.
Key Takeaway
South Blooming Grove is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in South Blooming Grove, NY
How much do homes in South Blooming Grove, NY cost?
Median Sold Price
$660,000
$347/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$50,500(+8.3%)
Key Takeaway
Homes in South Blooming Grove have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in South Blooming Grove was $660,000 in October 2024, up 8.3% from last year, and the median price per square foot was $347.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $196K | $190K | -3.1% |
| 2 Bedrooms | $223.5K | $240K | +7.4% |
| 3 Bedrooms | $609.5K | $690K | +13.2% |
| 4 Bedrooms | $685K | $750K | +9.5% |
| 5+ Bedrooms | $950K | $727.2K | -23.5% |
Summary: South Blooming Grove housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.1%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes decreased by 23.5%.
Median Sold Price Compared To Nearby Cities
| South Blooming Grove | $609.5K | $660K | +8.3% |
| Highland Mills | $482K | $500K | +3.7% |
| Blooming Grove | $450K | $465K | +3.3% |
| Woodbury | $670K | $614.2K | -8.3% |
Housing Supply in South Blooming Grove, NY
How many homes are available in South Blooming Grove, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 30 | +11.1% |
Summary: The South Blooming Grove real estate market had 30 homes for sale in October 2024, a 11.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The South Blooming Grove housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in South Blooming Grove, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in South Blooming Grove in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for South Blooming Grove, NY
How long does it take to sell a home in South Blooming Grove, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 95 Days | +208.1% |
Summary: Homes in South Blooming Grove had an average of 95 days on market in Oct 2024, up by 208.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in South Blooming Grove are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in South Blooming Grove; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.