$350,000
2.30 Acres
Land
Listing Office: Howard Hanna Rand Realty
Is Tuxedo Park, 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, Tuxedo Park has remained a Buyer's Market.
Key Takeaway
Tuxedo Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Tuxedo Park, NY
How much do homes in Tuxedo Park, NY cost?
Median Sold Price
$675,000
$319/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$40,000(-5.6%)
Key Takeaway
Homes in Tuxedo Park have sold for 5.6% less than they did a year ago.
Summary: The median home sold price in Tuxedo Park was $675,000 in November 2024, down 5.6% from last year, and the median price per square foot was $319.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200K | $379.9K | +90.0% |
| 2 Bedrooms | $489K | $654.5K | +33.8% |
| 3 Bedrooms | $442K | $540.8K | +22.4% |
| 4 Bedrooms | $875K | $779.5K | -10.9% |
| 5+ Bedrooms | $1.5M | $1.8M | +20.6% |
Summary: Tuxedo Park housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 90%, 2 bedroom homes increased by 33.8%, 3 bedroom homes increased by 22.4%, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes increased by 20.6%.
Median Sold Price Compared To Nearby Cities
| Tuxedo | $495K | $634K | +28.1% |
| Tuxedo Park | $715K | $675K | -5.6% |
Housing Supply in Tuxedo Park, NY
How many homes are available in Tuxedo Park, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 23 | 0.0% |
Summary: The Tuxedo Park real estate market had 23 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Tuxedo Park housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tuxedo Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Tuxedo Park in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Tuxedo Park, NY
How long does it take to sell a home in Tuxedo Park, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 59 Days | 67 Days | +14.4% |
Summary: Homes in Tuxedo Park had an average of 67 days on market in Nov 2024, up by 14.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Tuxedo Park are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Tuxedo Park; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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.