$10,000 Closing Credit*
$1,299,000
2,500 SqFt
6 Beds
•3 Full Baths, 1 Partial
Listing Office: Keller Williams Hudson Valley
Is Spring Valley, 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, Spring Valley has remained a Buyer's Market.
Key Takeaway
Spring Valley is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Spring Valley, NY
How much do homes in Spring Valley, NY cost?
Median Sold Price
$775,000
$390/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$105,000(+15.7%)
Key Takeaway
Homes in Spring Valley have sold for 15.7% more than they did a year ago.
Summary: The median home sold price in Spring Valley was $775,000 in October 2024, up 15.7% from last year, and the median price per square foot was $390.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $90K | $132.5K | +47.2% |
| 2 Bedrooms | $344K | $399K | +16.0% |
| 3 Bedrooms | $615K | $675K | +9.8% |
| 4 Bedrooms | $768K | $850K | +10.7% |
| 5+ Bedrooms | $998.5K | $1.0M | +5.2% |
Summary: Spring Valley housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 47.2%, 2 bedroom homes increased by 16%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 5.2%.
Housing Supply in Spring Valley, NY
How many homes are available in Spring Valley, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 137 | 139 | +1.5% |
Summary: The Spring Valley real estate market had 139 homes for sale in October 2024, a 1.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 18 | +38.5% |
| 2 Bedrooms | 16 | 19 | +18.8% |
| 3 Bedrooms | 18 | 17 | -5.6% |
| 4 Bedrooms | 41 | 41 | 0.0% |
| 5+ Bedrooms | 49 | 44 | -10.2% |
Summary: The Spring Valley housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 38.5%, 2 bedroom homes increased by 18.8%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 10.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 18 | -14.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Spring Valley, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in Spring Valley in October 2024, down by 14.3% month-over-month. Of the 18 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 53 Days | 51 Days | -3.8% |
Summary: Homes in Spring Valley had an average of 51 days on market in Oct 2024, down by 3.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Spring Valley are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 18 homes were sold in Spring Valley; 44% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 17% 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.