Is Rock Tavern, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Rock Tavern has remained a Buyer's Market.
Key Takeaway
Rock Tavern is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Rock Tavern, NY
How much do homes in Rock Tavern, NY cost?
Median Sold Price
$749,999
$234/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Rock Tavern have sold for 31.8% less than they did a month ago.
Summary: The median home sold price in Rock Tavern was $749,999 in May 2024, down 31.8% from last month, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $150K | N/A |
| 4 Bedrooms | $1.1M | $789.9K | -28.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: Rock Tavern 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 decreased by 28.2%, and 5+ bedroom homes did not change.
Housing Supply in Rock Tavern, NY
How many homes are available in Rock Tavern, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 20 | 23 | +15.0% |
Summary: The Rock Tavern real estate market had 23 homes for sale in May 2024, a 15.0% 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 | 1 | 2 | +100.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 11 | 13 | +18.2% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Rock Tavern 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rock Tavern, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Rock Tavern in May 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Rock Tavern, NY
How long does it take to sell a home in Rock Tavern, NY?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 165 Days | 103 Days | -37.6% |
Summary: Homes in Rock Tavern had an average of 103 days on market in May 2024, down by 37.6% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Rock Tavern has remained consistent over time.
Summary: During May 2024, 3 homes were sold in Rock Tavern; 0% of homes were sold within 30 days, 67% 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.