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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nelsonville is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Nelsonville was a Neutral Market.

Key Takeaway

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

Housing Prices in Nelsonville, NY

How much do homes in Nelsonville, NY cost?

Median Sold Price

$425,000

$469/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$10,000(+2.4%)

Key Takeaway

Homes in Nelsonville have sold for 2.4% more than they did a month ago.

Summary: The median home sold price in Nelsonville was $425,000 in May 2024, up 2.4% from last month, and the median price per square foot was $469.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 $415K-
N/A
2 -$425K
N/A
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Nelsonville housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Nelsonville, NY

How many homes are available in Nelsonville, NY?

Number of Homes For Sale

Apr 2024May 2024CHANGE
65-16.7%

Summary: The Nelsonville real estate market had 5 homes for sale in May 2024, a 16.7% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 21
-50.0%
2 22
0.0%
3 22
0.0%
4 00
0.0%
5+ 00
0.0%

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

Number of Homes Sold

Apr 2024May 2024CHANGE
110.0%

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 Nelsonville, 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 Nelsonville in May 2024, the same as the previous 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 Nelsonville, NY

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

Average Sale Time

Apr 2024May 2024CHANGE
29 Days87 Days+200.0%

Summary: Homes in Nelsonville had an average of 87 days on market in May 2024, up by 200% compared to last month.

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 Nelsonville has remained consistent over time.

Summary: During May 2024, 1 homes were sold in Nelsonville; 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 1 Day Ago

Newest Listings in Nelsonville, NY

Nearby Markets to Nelsonville, NY

What housing markets are near Nelsonville, NY?