Is White Lake, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing White Lake is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in White Lake, NY

How much do homes in White Lake, NY cost?

Median Sold Price

$290,000

$220/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$385,000(-57.0%)

Key Takeaway

Homes in White Lake have sold for 57% less than they did a year ago.

Summary: The median home sold price in White Lake was $290,000 in September 2024, down 57% from last year, and the median price per square foot was $220.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $225K$140.7K
-37.4%
2 $210K$240K
+14.3%
3 $375K$360K
-4.0%
4 $1.0M$987.7K
-7.9%
5+ $2.2M$1.0M
-53.4%

Summary: White Lake housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 37.4%, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes decreased by 53.4%.

Median Sold Price Compared To Nearby Cities

Bethel
-0.5%
White Lake
-57.0%

Housing Supply in White Lake, NY

How many homes are available in White Lake, NY?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
18180.0%

Summary: The White Lake real estate market had 18 homes for sale in September 2024, the same as August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 99
0.0%
4 54
-20.0%
5+ 22
0.0%

Summary: The White Lake housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in White Lake, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in White Lake in September 2024, up by 400.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for White Lake, NY

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

Average Sale Time

Sep 2023Sep 2024CHANGE
44 Days115 Days+161.4%

Summary: Homes in White Lake had an average of 115 days on market in Sep 2024, up by 161.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in White Lake are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During September 2024, 5 homes were sold in White Lake; 0% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 60% 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 29 Days Ago

Newest Listings in White Lake, NY

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