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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Thiells is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Thiells, NY

How much do homes in Thiells, NY cost?

Median Sold Price

$645,000

$326/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$19,000(+3.0%)

Key Takeaway

Homes in Thiells have sold for 3% more than they did a year ago.

Summary: The median home sold price in Thiells was $645,000 in October 2024, up 3% from last year, and the median price per square foot was $326.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $195K$210K
+7.7%
2 $240K$296K
+23.3%
3 $547K$625K
+14.3%
4 $626K$717K
+14.5%
5+ $712.1K$727.5K
+2.2%

Summary: Thiells housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.7%, 2 bedroom homes increased by 23.3%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 2.2%.

Median Sold Price Compared To Nearby Cities

Stony Point
+12.5%
Garnerville
+11.2%
Thiells
+3.0%

Housing Supply in Thiells, NY

How many homes are available in Thiells, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1914-26.3%

Summary: The Thiells real estate market had 14 homes for sale in October 2024, a 26.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 42
-50.0%
3 11
0.0%
4 97
-22.2%
5+ 44
0.0%

Summary: The Thiells housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Thiells, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Thiells in October 2024, down by 40.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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

Oct 2023Oct 2024CHANGE
29 Days29 Days-1.7%

Summary: Homes in Thiells had an average of 29 days on market in Oct 2024, down by 1.7% compared to last year.

Breakdown of Home Sale Times

2 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

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

Summary: During October 2024, 3 homes were sold in Thiells; 67% of homes were sold within 30 days, 33% 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 22 Days Ago

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