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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wawarsing is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Wawarsing, NY

How much do homes in Wawarsing, NY cost?

Median Sold Price

$282,500

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$42,500(+17.7%)

Key Takeaway

Homes in Wawarsing have sold for 17.7% more than they did a year ago.

Summary: The median home sold price in Wawarsing was $282,500 in November 2024, up 17.7% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$267.7K
N/A
2 $180K$196.1K
+9.0%
3 $242.5K$290K
+19.6%
4 $292.5K$285K
-2.6%
5+ $265K$355K
+34.0%

Summary: Wawarsing 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 9%, 3 bedroom homes increased by 19.6%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 34%.

Median Sold Price Compared To Nearby Cities

Wawarsing
+17.7%
Kerhonkson
+16.4%
Napanoch
+12.8%
Ellenville
+9.5%

Housing Supply in Wawarsing, NY

How many homes are available in Wawarsing, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5660+7.1%

Summary: The Wawarsing real estate market had 60 homes for sale in November 2024, a 7.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1212
0.0%
3 2422
-8.3%
4 1116
+45.5%
5+ 910
+11.1%

Summary: The Wawarsing 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 decreased by 8.3%, 4 bedroom homes increased by 45.5%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
611+83.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wawarsing, you may be able to get a good deal. 36.4% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Wawarsing in November 2024, up by 83.3% month-over-month. Of the 11 sold homes, 36% were sold under asking, 27% were sold at asking, and 36% were sold over asking.

Days on Market for Wawarsing, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
89 Days52 Days-41.6%

Summary: Homes in Wawarsing had an average of 52 days on market in Nov 2024, down by 41.6% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Wawarsing has remained consistent over time.

Summary: During November 2024, 11 homes were sold in Wawarsing; 36% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 18% 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 Wawarsing, NY

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