$6,888 Closing Credit*
$580,000
2,614 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: Howard Hanna Rand Realty
Is Suffern, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Suffern has remained a Seller's Market.
Key Takeaway
Suffern is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Suffern, NY
How much do homes in Suffern, NY cost?
Median Sold Price
$621,666
$322/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$133,666(+27.4%)
Key Takeaway
Homes in Suffern have sold for 27.4% more than they did a year ago.
Summary: The median home sold price in Suffern was $621,666 in November 2024, up 27.4% from last year, and the median price per square foot was $322.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195.5K | $192K | -1.8% |
| 2 Bedrooms | $349K | $385K | +10.3% |
| 3 Bedrooms | $450K | $542K | +20.4% |
| 4 Bedrooms | $700K | $812K | +16.0% |
| 5+ Bedrooms | $900K | $1.0M | +18.3% |
Summary: Suffern housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.8%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 20.4%, 4 bedroom homes increased by 16%, and 5+ bedroom homes increased by 18.3%.
Median Sold Price Compared To Nearby Cities
| Suffern | $488K | $621.6K | +27.4% |
| Ramapo | $668.5K | $767.8K | +14.9% |
| Montebello | $855K | $915K | +7.0% |
| Airmont | $772.5K | $818K | +5.9% |
Housing Supply in Suffern, NY
How many homes are available in Suffern, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 118 | 105 | -11.0% |
Summary: The Suffern real estate market had 105 homes for sale in November 2024, a 11.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 20 | 14 | -30.0% |
| 2 Bedrooms | 23 | 21 | -8.7% |
| 3 Bedrooms | 18 | 16 | -11.1% |
| 4 Bedrooms | 30 | 24 | -20.0% |
| 5+ Bedrooms | 27 | 30 | +11.1% |
Summary: The Suffern housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 30%, 2 bedroom homes decreased by 8.7%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 29 | +61.1% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Suffern, you could pay more than the asking price. 51.7% of homes here sold above asking price last month.
Summary: A total of 29 homes were sold or pending in Suffern in November 2024, up by 61.1% month-over-month. Of the 29 sold homes, 34% were sold under asking, 14% were sold at asking, and 52% were sold over asking.
Days on Market for Suffern, NY
How long does it take to sell a home in Suffern, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 31 Days | 30 Days | -3.6% |
Summary: Homes in Suffern had an average of 30 days on market in Nov 2024, down by 3.6% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Suffern are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 29 homes were sold in Suffern; 69% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 10% 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. 
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.