Is West Hill, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Hill is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

West Hill is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in West Hill, NY

How much do homes in West Hill, NY cost?

Median Sold Price

$125,000

$71/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,800(+7.6%)

Key Takeaway

Homes in West Hill have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in West Hill was $125,000 in October 2024, up 7.6% from last year, and the median price per square foot was $71.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$85K
N/A
2 $77K$37.5K
-51.3%
3 $67.5K$78K
+15.6%
4 $102K$125K
+22.5%
5+ $128.5K$132.9K
+3.5%

Summary: West Hill housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 51.3%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 22.5%, and 5+ bedroom homes increased by 3.5%.

Median Sold Price Compared To Nearby Neighborhoods

West Hill
+7.6%
West End
-2.4%

Housing Supply in West Hill, NY

How many homes are available in West Hill, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3130-3.2%

Summary: The West Hill real estate market had 30 homes for sale in October 2024, a 3.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 53
-40.0%
4 108
-20.0%
5+ 1216
+33.3%

Summary: The West Hill housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Hill, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in West Hill in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for West Hill, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
32 Days46 Days+42.3%

Summary: Homes in West Hill had an average of 46 days on market in Oct 2024, up by 42.3% compared to last year.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in West Hill has remained consistent over time.

Summary: During October 2024, 1 homes were sold in West Hill; 0% of homes were sold within 30 days, 100% 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 16 Days Ago

Newest Listings in West Hill, NY

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