Is Eldred, 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, Eldred has remained a Seller's Market.
Key Takeaway
Eldred is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Eldred, NY
How much do homes in Eldred, NY cost?
Median Sold Price
$352,000
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Eldred have sold for 29.4% more than they did a year ago.
Summary: The median home sold price in Eldred was $352,000 in May 2024, up 29.4% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $205K | $295K | +43.9% |
| 3 Bedrooms | $285K | $380K | +33.3% |
| 4 Bedrooms | $278K | $850K | +205.8% |
| 5+ Bedrooms | $300K | $1.2M | +318.7% |
Summary: Eldred 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 43.9%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 205.8%, and 5+ bedroom homes increased by 318.7%.
Median Sold Price Compared To Nearby Cities
| Eldred | $272K | $352K | +29.4% |
| Barryville | $327K | $408K | +24.8% |
| Highland | $315K | $375K | +19.0% |
Housing Supply in Eldred, NY
How many homes are available in Eldred, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Summary: The Eldred real estate market had 11 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Eldred 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 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Eldred, 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 Eldred in May 2024, down by 33.3% 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 Eldred, NY
How long does it take to sell a home in Eldred, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 60 Days | 21 Days | -65.2% |
Summary: Homes in Eldred had an average of 21 days on market in May 2024, down by 65.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Eldred are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Eldred; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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.