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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wawayanda is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Wawayanda has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Wawayanda, NY

How much do homes in Wawayanda, NY cost?

Median Sold Price

$425,000

$236/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$4,999(+1.2%)

Key Takeaway

Homes in Wawayanda have sold for 1.2% more than they did a year ago.

Summary: The median home sold price in Wawayanda was $425,000 in November 2024, up 1.2% from last year, and the median price per square foot was $236.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $220K$207.5K
-5.7%
3 $399.9K$410K
+2.5%
4 $522.5K$520K
-0.5%
5+ -$550K
N/A

Summary: Wawayanda 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 decreased by 5.7%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Slate Hill
+3.7%
Wawayanda
+1.2%
New Hampton
+0.8%

Housing Supply in Wawayanda, NY

How many homes are available in Wawayanda, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3420-41.2%

Summary: The Wawayanda real estate market had 20 homes for sale in November 2024, a 41.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 128
-33.3%
4 169
-43.8%
5+ 21
-50.0%

Summary: The Wawayanda 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 50%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 43.8%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
94-55.6%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wawayanda, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Wawayanda in November 2024, down by 55.6% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.

Days on Market for Wawayanda, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
58 Days18 Days-67.7%

Summary: Homes in Wawayanda had an average of 18 days on market in Nov 2024, down by 67.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Wawayanda are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in Wawayanda; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

Newest Listings in Wawayanda, NY

Nearby Markets to Wawayanda, NY

What housing markets are near Wawayanda, NY?