Is Spuyten Duyvil, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Spuyten Duyvil is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Spuyten Duyvil was a Seller's Market.

Key Takeaway

Spuyten Duyvil is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Spuyten Duyvil, NY

How much do homes in Spuyten Duyvil, NY cost?

Median Sold Price

$340,000

$350/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$5,000(-1.4%)

Key Takeaway

Homes in Spuyten Duyvil have sold for 1.4% less than they did a year ago.

Summary: The median home sold price in Spuyten Duyvil was $340,000 in November 2024, down 1.4% from last year, and the median price per square foot was $350.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $225K$230K
+2.2%
2 $365K$349K
-4.4%
3 $585K$590K
+0.9%
4 $925K$1.0M
+16.2%
5+ -$930K
N/A

Summary: Spuyten Duyvil housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.2%, 2 bedroom homes decreased by 4.4%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 16.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Riverdale
+2.7%
Spuyten Duyvil
-1.4%

Housing Supply in Spuyten Duyvil, NY

How many homes are available in Spuyten Duyvil, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
106101-4.7%

Summary: The Spuyten Duyvil real estate market had 101 homes for sale in November 2024, a 4.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 4137
-9.8%
2 5047
-6.0%
3 1314
+7.7%
4 11
0.0%
5+ 12
+100.0%

Summary: The Spuyten Duyvil housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 9.8%, 2 bedroom homes decreased by 6%, 3 bedroom homes increased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
49+125.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Spuyten Duyvil, expect to pay close to the asking price. 55.6% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in Spuyten Duyvil in November 2024, up by 125.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 56% were sold at asking, and 11% were sold over asking.

Days on Market for Spuyten Duyvil, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
144 Days55 Days-61.8%

Summary: Homes in Spuyten Duyvil had an average of 55 days on market in Nov 2024, down by 61.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Spuyten Duyvil has remained consistent over time.

Summary: During November 2024, 9 homes were sold in Spuyten Duyvil; 22% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% 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 17 Days Ago

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