$10,000 Closing Credit*
$999,000
2,700 SqFt
6 Beds
•5 Full Baths
Listing Office: Rodeo Realty Inc
Is Spring Valley, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Spring Valley was a Seller's Market.
Key Takeaway
Spring Valley is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Spring Valley, NY
How much do homes in Spring Valley, NY cost?
Median Sold Price
$799,000
$390/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$114,000(+16.6%)
Key Takeaway
Homes in Spring Valley have sold for 16.6% more than they did a year ago.
Summary: The median home sold price in Spring Valley was $799,000 in November 2024, up 16.6% from last year, and the median price per square foot was $390.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $90K | $155K | +72.2% |
| 2 Bedrooms | $331.5K | $399K | +20.4% |
| 3 Bedrooms | $601K | $680K | +13.1% |
| 4 Bedrooms | $765K | $856K | +11.9% |
| 5+ Bedrooms | $999.9K | $1.0M | +7.5% |
Summary: Spring Valley housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 72.2%, 2 bedroom homes increased by 20.4%, 3 bedroom homes increased by 13.1%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 7.5%.
Housing Supply in Spring Valley, NY
How many homes are available in Spring Valley, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 112 | 96 | -14.3% |
Summary: The Spring Valley real estate market had 96 homes for sale in November 2024, a 14.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 17 | 16 | -5.9% |
| 2 Bedrooms | 13 | 9 | -30.8% |
| 3 Bedrooms | 14 | 11 | -21.4% |
| 4 Bedrooms | 31 | 28 | -9.7% |
| 5+ Bedrooms | 37 | 32 | -13.5% |
Summary: The Spring Valley housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5.9%, 2 bedroom homes decreased by 30.8%, 3 bedroom homes decreased by 21.4%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes decreased by 13.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 15 | -16.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Spring Valley, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Spring Valley in November 2024, down by 16.7% month-over-month. Of the 15 sold homes, 53% were sold under asking, 20% were sold at asking, and 27% were sold over asking.
Days on Market for Spring Valley, NY
How long does it take to sell a home in Spring Valley, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 39 Days | 62 Days | +59.3% |
Summary: Homes in Spring Valley had an average of 62 days on market in Nov 2024, up by 59.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Spring Valley has remained consistent over time.
Summary: During November 2024, 15 homes were sold in Spring Valley; 33% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 27% 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.