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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rushville is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Rushville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Rushville, NY

How much do homes in Rushville, NY cost?

Median Sold Price

$257,500

$111/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$167,500(-39.4%)

Key Takeaway

Homes in Rushville have sold for 39.4% less than they did a month ago.

Summary: The median home sold price in Rushville was $257,500 in May 2024, down 39.4% from last month, and the median price per square foot was $111.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $425K-
N/A
3 -$110K
N/A
4 -$405K
N/A
5+ --
N/A

Summary: Rushville 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.

Median Sold Price Compared To Nearby Cities

Stanley
-18.9%
Rushville
-39.4%

Housing Supply in Rushville, NY

How many homes are available in Rushville, NY?

Number of Homes For Sale

Apr 2024May 2024CHANGE
34+33.3%

Summary: The Rushville real estate market had 4 homes for sale in May 2024, a 33.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 12
+100.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Rushville 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 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
12+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rushville, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Rushville 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 Rushville, NY

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

Average Sale Time

Apr 2024May 2024CHANGE
7 Days16 Days+135.7%

Summary: Homes in Rushville had an average of 16 days on market in May 2024, up by 135.7% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Rushville are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 2 homes were sold in Rushville; 100% of homes were sold within 30 days, 0% 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 Rushville, NY

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