Is Ulster County, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ulster County is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Ulster County 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 Ulster County, NY

How much do homes in Ulster County, NY cost?

Median Sold Price

$425,000

$246/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$40,000(+10.4%)

Key Takeaway

Homes in Ulster County have sold for 10.4% more than they did a year ago.

Summary: The median home sold price in Ulster County was $425,000 in November 2024, up 10.4% from last year, and the median price per square foot was $246.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $319K$297.7K
-6.7%
2 $265K$327.5K
+23.6%
3 $375K$424K
+13.1%
4 $499.4K$507.4K
+1.6%
5+ $435K$540K
+24.1%

Summary: Ulster County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.7%, 2 bedroom homes increased by 23.6%, 3 bedroom homes increased by 13.1%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 24.1%.

Median Sold Price Compared To Nearby Counties

Sullivan County
+16.6%
Ulster County
+10.4%
Dutchess County
+7.7%
Orange County
+5.6%
Greene County
+5.6%

Housing Supply in Ulster County, NY

How many homes are available in Ulster County, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
549505-8.0%

Summary: The Ulster County real estate market had 505 homes for sale in November 2024, a 8.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1111
0.0%
2 8466
-21.4%
3 266246
-7.5%
4 124120
-3.2%
5+ 6462
-3.1%

Summary: The Ulster County 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 decreased by 21.4%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes decreased by 3.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
7480+8.1%

Asking Price vs. Sold Price

34 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

28 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ulster County, you may be able to get a good deal. 42.5% of homes here sold below asking price last month.

Summary: A total of 80 homes were sold or pending in Ulster County in November 2024, up by 8.1% month-over-month. Of the 80 sold homes, 43% were sold under asking, 23% were sold at asking, and 35% were sold over asking.

Days on Market for Ulster County, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
90 Days56 Days-37.9%

Summary: Homes in Ulster County had an average of 56 days on market in Nov 2024, down by 37.9% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

46 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Ulster County has remained consistent over time.

Summary: During November 2024, 80 homes were sold in Ulster County; 26% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 16% 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 2 Days Ago

Newest Listings in Ulster County, NY

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