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 seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Upper Nyack was a Neutral Market.

Key Takeaway

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

Housing Prices in Upper Nyack, NY

How much do homes in Upper Nyack, NY cost?

Median Sold Price

$819,000

$435/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$45,500(+5.9%)

Key Takeaway

Homes in Upper Nyack have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in Upper Nyack was $819,000 in November 2024, up 5.9% from last year, and the median price per square foot was $435.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$600K
N/A
2 $461.9K$567.5K
+22.8%
3 $815K$746K
-8.5%
4 $950K$988.5K
+4.1%
5+ $665K$1.2M
+88.0%

Summary: Upper Nyack housing prices by bedroom type for November 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 8.5%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 88%.

Median Sold Price Compared To Nearby Cities

Congers
+11.9%
Clarkstown
+7.9%
Upper Nyack
+5.9%
Valley Cottage
-10.5%
Sleepy Hollow
-16.1%

Housing Supply in Upper Nyack, NY

How many homes are available in Upper Nyack, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1513-13.3%

Summary: The Upper Nyack real estate market had 13 homes for sale in November 2024, a 13.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 44
0.0%
4 43
-25.0%
5+ 54
-20.0%

Summary: The Upper Nyack 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Upper Nyack, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Upper Nyack in November 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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

Nov 2023Nov 2024CHANGE
12 Days73 Days+514.6%

Summary: Homes in Upper Nyack had an average of 73 days on market in Nov 2024, up by 514.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Upper Nyack has remained consistent over time.

Summary: During November 2024, 4 homes were sold in Upper Nyack; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 Upper Nyack, NY

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