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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rosendale is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Rosendale was a Seller's Market.

Key Takeaway

Rosendale is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Rosendale, NY

How much do homes in Rosendale, NY cost?

Median Sold Price

$470,000

$256/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$84,000(+21.8%)

Key Takeaway

Homes in Rosendale have sold for 21.8% more than they did a month ago.

Summary: The median home sold price in Rosendale was $470,000 in May 2024, up 21.8% from last month, and the median price per square foot was $256.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $386K$470K
+21.8%
4 --
N/A
5+ --
N/A

Summary: Rosendale 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 21.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Rosendale, NY

How many homes are available in Rosendale, NY?

Number of Homes For Sale

Apr 2024May 2024CHANGE
614+133.3%

Summary: The Rosendale real estate market had 14 homes for sale in May 2024, a 133.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 57
+40.0%
4 03
+100.0%
5+ 02
+100.0%

Summary: The Rosendale 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 100%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rosendale, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Rosendale in May 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Rosendale, NY

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

Average Sale Time

Apr 2024May 2024CHANGE
47 Days34 Days-28.4%

Summary: Homes in Rosendale had an average of 34 days on market in May 2024, down by 28.4% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Rosendale has remained consistent over time.

Summary: During May 2024, 1 homes were sold in Rosendale; 0% of homes were sold within 30 days, 100% 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

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