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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ashville is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Ashville was a Buyer's Market.

Key Takeaway

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

Housing Prices in Ashville, NY

How much do homes in Ashville, NY cost?

Median Sold Price

$273,000

$196/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$32,000(-10.5%)

Key Takeaway

Homes in Ashville have sold for 10.5% less than they did a month ago.

Summary: The median home sold price in Ashville was $273,000 in May 2024, down 10.5% from last month, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 -$205.5K
N/A
3 $305K$285K
-6.6%
4 -$190K
N/A
5+ --
N/A

Summary: Ashville 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 decreased by 6.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Ashville, NY

How many homes are available in Ashville, NY?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1316+23.1%

Summary: The Ashville real estate market had 16 homes for sale in May 2024, a 23.1% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 67
+16.7%
4 44
0.0%
5+ 12
+100.0%

Summary: The Ashville 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 50%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ashville, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Ashville in May 2024, up by 400.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for Ashville, NY

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

Average Sale Time

Apr 2024May 2024CHANGE
117 Days62 Days-46.8%

Summary: Homes in Ashville had an average of 62 days on market in May 2024, down by 46.8% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 5 homes were sold in Ashville; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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

Newest Listings in Ashville, NY

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