Is Kerhonkson, 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, Kerhonkson has remained a Seller's Market.
Housing Prices in Kerhonkson, NY
How much do homes in Kerhonkson, NY cost?
Median Sold Price
$382,500
$256/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Kerhonkson was $382,500 in May 2024, up 2% from last month, and the median price per square foot was $256.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $370K | - | N/A |
3 Bedrooms | $399K | $425K | +6.5% |
4 Bedrooms | $325K | $340K | +4.6% |
5+ Bedrooms | - | - | N/A |
Summary: Kerhonkson 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 increased by 6.5%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes did not change.
Housing Supply in Kerhonkson, NY
How many homes are available in Kerhonkson, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
22 | 22 | 0.0% |
Summary: The Kerhonkson real estate market had 22 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 | 6 | 6 | 0.0% |
3 Bedrooms | 10 | 11 | +10.0% |
4 Bedrooms | 6 | 5 | -16.7% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Kerhonkson 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 10%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Kerhonkson in May 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Kerhonkson, NY
How long does it take to sell a home in Kerhonkson, NY?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
50 Days | 54 Days | +7.7% |
Summary: Homes in Kerhonkson had an average of 54 days on market in May 2024, up by 7.7% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Kerhonkson; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.