Is Minisink, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Minisink was a Seller's Market.
Housing Prices in Minisink, NY
How much do homes in Minisink, NY cost?
Median Sold Price
$459,500
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Minisink was $459,500 in May 2024, down 1.9% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $300K | $260K | -13.3% |
2 Bedrooms | $275K | $349K | +26.9% |
3 Bedrooms | $340K | $426K | +25.3% |
4 Bedrooms | $597.4K | $517.5K | -13.4% |
5+ Bedrooms | $675K | $910K | +34.8% |
Summary: Minisink housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.3%, 2 bedroom homes increased by 26.9%, 3 bedroom homes increased by 25.3%, 4 bedroom homes decreased by 13.4%, and 5+ bedroom homes increased by 34.8%.
Housing Supply in Minisink, NY
How many homes are available in Minisink, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 12 | +9.1% |
Summary: The Minisink real estate market had 12 homes for sale in May 2024, a 9.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 2 | 3 | +50.0% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Minisink housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Minisink in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Minisink, NY
How long does it take to sell a home in Minisink, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
17 Days | 59 Days | +235.2% |
Summary: Homes in Minisink had an average of 59 days on market in May 2024, up by 235.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Minisink; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.