Is Poughquag, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Poughquag has remained a Seller's Market.
Key Takeaway
Poughquag is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Poughquag, NY
How much do homes in Poughquag, NY cost?
Median Sold Price
$475,000
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Poughquag have sold for 6.4% less than they did a year ago.
Summary: The median home sold price in Poughquag was $475,000 in May 2024, down 6.4% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $367K | $390K | +6.3% |
| 3 Bedrooms | $435K | $477.5K | +9.8% |
| 4 Bedrooms | $575K | $560K | -2.6% |
| 5+ Bedrooms | $1.8M | $449K | -75.7% |
Summary: Poughquag housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 9.8%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes decreased by 75.7%.
Median Sold Price Compared To Nearby Cities
| Stormville | $493.8K | $590K | +19.5% |
| Hopewell Junction | $468.2K | $540K | +15.3% |
| Lagrangeville | $460K | $523K | +13.7% |
| Beekman | $405K | $449K | +10.9% |
| Poughquag | $507.5K | $475K | -6.4% |
Housing Supply in Poughquag, NY
How many homes are available in Poughquag, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 36 | 34 | -5.6% |
Summary: The Poughquag real estate market had 34 homes for sale in May 2024, a 5.6% decrease 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 | 5 | 4 | -20.0% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 16 | 15 | -6.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Poughquag 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 decreased by 20%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 12 | +200.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Poughquag, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Poughquag in May 2024, up by 200.0% month-over-month. Of the 12 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Poughquag, NY
How long does it take to sell a home in Poughquag, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 82 Days | 74 Days | -10.2% |
Summary: Homes in Poughquag had an average of 74 days on market in May 2024, down by 10.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Poughquag are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 12 homes were sold in Poughquag; 42% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.