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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Waccabuc is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Waccabuc, NY

How much do homes in Waccabuc, NY cost?

Median Sold Price

$2,197,500

$324/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$285,500(+14.9%)

Key Takeaway

Homes in Waccabuc have sold for 14.9% more than they did a month ago.

Summary: The median home sold price in Waccabuc was $2,197,500 in May 2024, up 14.9% from last month, and the median price per square foot was $324.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $999K-
N/A
4 --
N/A
5+ $2.8M$2.1M
-22.2%

Summary: Waccabuc 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 decreased by 22.2%.

Housing Supply in Waccabuc, NY

How many homes are available in Waccabuc, NY?

Number of Homes For Sale

Apr 2024May 2024CHANGE
87-12.5%

Summary: The Waccabuc real estate market had 7 homes for sale in May 2024, a 12.5% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 10
-100.0%
4 23
+50.0%
5+ 54
-20.0%

Summary: The Waccabuc 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 decreased by 100%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Apr 2024May 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Waccabuc, 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 Waccabuc in May 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Waccabuc, NY

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

Average Sale Time

Apr 2024May 2024CHANGE
20 Days73 Days+258.5%

Summary: Homes in Waccabuc had an average of 73 days on market in May 2024, up by 258.5% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 2 homes were sold in Waccabuc; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 9 Days Ago

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