Is Stony Point, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stony Point is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Stony Point has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Stony Point, NY

How much do homes in Stony Point, NY cost?

Median Sold Price

$626,000

$302/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$69,400(+12.5%)

Key Takeaway

Homes in Stony Point have sold for 12.5% more than they did a year ago.

Summary: The median home sold price in Stony Point was $626,000 in October 2024, up 12.5% from last year, and the median price per square foot was $302.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$201K
N/A
2 $370K$420K
+13.5%
3 $495K$539K
+8.9%
4 $600K$649K
+8.2%
5+ $824.5K$950K
+15.2%

Summary: Stony Point housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.5%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 15.2%.

Median Sold Price Compared To Nearby Cities

Stony Point
+12.5%
Garnerville
+11.2%
Thiells
+3.0%
Buchanan
-5.7%

Housing Supply in Stony Point, NY

How many homes are available in Stony Point, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7369-5.5%

Summary: The Stony Point real estate market had 69 homes for sale in October 2024, a 5.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 11
0.0%
3 148
-42.9%
4 4444
0.0%
5+ 1315
+15.4%

Summary: The Stony Point housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 15.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1114+27.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stony Point, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 14 homes were sold or pending in Stony Point in October 2024, up by 27.3% month-over-month. Of the 14 sold homes, 29% were sold under asking, 21% were sold at asking, and 50% were sold over asking.

Days on Market for Stony Point, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
67 Days43 Days-36.5%

Summary: Homes in Stony Point had an average of 43 days on market in Oct 2024, down by 36.5% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 14 homes were sold in Stony Point; 43% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 21% 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 20 Days Ago

Newest Listings in Stony Point, NY

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