Is Thiells, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Thiells is a neutral's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

Thiells 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 Thiells, NY

How much do homes in Thiells, NY cost?

Median Sold Price

$680,000

$328/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$61,000(+9.9%)

Key Takeaway

Homes in Thiells have sold for 9.9% more than they did a year ago.

Summary: The median home sold price in Thiells was $680,000 in December 2024, up 9.9% from last year, and the median price per square foot was $328.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $207.5K$206.5K
-0.5%
2 $250K$290K
+16.0%
3 $547K$625K
+14.3%
4 $630K$731.2K
+16.1%
5+ $712.1K$775K
+8.8%

Summary: Thiells housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.5%, 2 bedroom homes increased by 16%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes increased by 8.8%.

Median Sold Price Compared To Nearby Cities

Garnerville
+16.7%
Thiells
+9.9%
Stony Point
+8.4%

Housing Supply in Thiells, NY

How many homes are available in Thiells, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
117-36.4%

Summary: The Thiells real estate market had 7 homes for sale in December 2024, a 36.4% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 33
0.0%
3 00
0.0%
4 52
-60.0%
5+ 32
-33.3%

Summary: The Thiells housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 60%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Thiells, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Thiells in December 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Thiells, NY

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

Average Sale Time

Dec 2023Dec 2024CHANGE
24 Days32 Days+32.5%

Summary: Homes in Thiells had an average of 32 days on market in Dec 2024, up by 32.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Thiells has remained consistent over time.

Summary: During December 2024, 1 homes were sold in Thiells; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 7 Days Ago

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