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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Nyack is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, West Nyack was a Seller's Market.

Key Takeaway

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

Housing Prices in West Nyack, NY

How much do homes in West Nyack, NY cost?

Median Sold Price

$740,000

$341/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$88,000(+13.5%)

Key Takeaway

Homes in West Nyack have sold for 13.5% more than they did a year ago.

Summary: The median home sold price in West Nyack was $740,000 in October 2024, up 13.5% from last year, and the median price per square foot was $341.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $262.5K$280K
+6.7%
2 $375K$548K
+46.1%
3 $577.5K$655K
+13.4%
4 $664K$740K
+11.4%
5+ $750K$999.9K
+33.3%

Summary: West Nyack housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 46.1%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 33.3%.

Median Sold Price Compared To Nearby Cities

West Nyack
+13.5%
Orangetown
+9.5%
Clarkstown
+8.7%
Blauvelt
+5.9%
Nanuet
+3.3%

Housing Supply in West Nyack, NY

How many homes are available in West Nyack, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2726-3.7%

Summary: The West Nyack real estate market had 26 homes for sale in October 2024, a 3.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 88
0.0%
4 1111
0.0%
5+ 65
-16.7%

Summary: The West Nyack 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
82-75.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Nyack, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in West Nyack in October 2024, down by 75.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for West Nyack, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
37 Days44 Days+16.8%

Summary: Homes in West Nyack had an average of 44 days on market in Oct 2024, up by 16.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 West Nyack are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in West Nyack; 50% of homes were sold within 30 days, 50% 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 20 Days Ago

Newest Listings in West Nyack, NY

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