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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Throop is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Throop was a Seller's Market.

Key Takeaway

Throop 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 Throop, NY

How much do homes in Throop, NY cost?

Median Sold Price

$165,000

$98/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$45,000(-21.4%)

Key Takeaway

Homes in Throop have sold for 21.4% less than they did a month ago.

Summary: The median home sold price in Throop was $165,000 in October 2024, down 21.4% from last month, and the median price per square foot was $98.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $185K-
N/A
4 $235K-
N/A
5+ -$165K
N/A

Summary: Throop housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mentz
-9.1%
Sennett
-14.9%
Throop
-21.4%

Housing Supply in Throop, NY

How many homes are available in Throop, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
97-22.2%

Summary: The Throop real estate market had 7 homes for sale in October 2024, a 22.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 54
-20.0%
4 32
-33.3%
5+ 11
0.0%

Summary: The Throop 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 20%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

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

Days on Market for Throop, NY

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

Average Sale Time

Sep 2024Oct 2024CHANGE
6 Days9 Days+38.5%

Summary: Homes in Throop had an average of 9 days on market in Oct 2024, up by 38.5% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in Throop; 100% of homes were sold within 30 days, 0% 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 17 Days Ago

Newest Listings in Throop, NY

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