Is Upper Nyack, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Upper Nyack is a neutral's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

Upper Nyack 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 Upper Nyack, NY

How much do homes in Upper Nyack, NY cost?

Median Sold Price

$779,000

$435/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$36,000(-4.4%)

Key Takeaway

Homes in Upper Nyack have sold for 4.4% less than they did a year ago.

Summary: The median home sold price in Upper Nyack was $779,000 in December 2024, down 4.4% from last year, and the median price per square foot was $435.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$600K
N/A
2 $461.9K$567.5K
+22.8%
3 $852.5K$721K
-15.4%
4 $950K$988.5K
+4.1%
5+ -$1.2M
N/A

Summary: Upper Nyack housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.8%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Congers
+11.7%
Clarkstown
+7.3%
Upper Nyack
-4.4%
Sleepy Hollow
-14.1%
Valley Cottage
-15.3%

Housing Supply in Upper Nyack, NY

How many homes are available in Upper Nyack, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
137-46.2%

Summary: The Upper Nyack real estate market had 7 homes for sale in December 2024, a 46.2% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 53
-40.0%
4 31
-66.7%
5+ 43
-25.0%

Summary: The Upper Nyack 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 decreased by 100%, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
41-75.0%

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 Upper Nyack, 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 Upper Nyack in December 2024, down by 75.0% 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 Upper Nyack, NY

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

Average Sale Time

Dec 2023Dec 2024CHANGE
23 Days128 Days+456.5%

Summary: Homes in Upper Nyack had an average of 128 days on market in Dec 2024, up by 456.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Upper Nyack are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 1 homes were sold in Upper Nyack; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 4 Days Ago

Newest Listings in Upper Nyack, NY

Nearby Markets to Upper Nyack, NY

What housing markets are near Upper Nyack, NY?