Is South Fallsburg, 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, South Fallsburg has remained a Seller's Market.
Housing Prices in South Fallsburg, NY
How much do homes in South Fallsburg, NY cost?
Median Sold Price
$236,000
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in South Fallsburg was $236,000 in May 2024, down 1.7% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $123.5K | $163.2K | +32.2% |
3 Bedrooms | $225K | $320K | +42.2% |
4 Bedrooms | $252.5K | $290K | +14.9% |
5+ Bedrooms | $267.5K | - | N/A |
Summary: South Fallsburg 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 32.2%, 3 bedroom homes increased by 42.2%, 4 bedroom homes increased by 14.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Woodridge | $180K | $238.5K | +32.5% |
Fallsburg | $217K | $250K | +15.2% |
South Fallsburg | $240K | $236K | -1.7% |
Housing Supply in South Fallsburg, NY
How many homes are available in South Fallsburg, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Summary: The South Fallsburg real estate market had 4 homes for sale in May 2024, a 33.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 2 | 3 | +50.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The South Fallsburg 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in South Fallsburg in May 2024, up by 100.0% 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 South Fallsburg, NY
How long does it take to sell a home in South Fallsburg, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
93 Days | 17 Days | -81.7% |
Summary: Homes in South Fallsburg had an average of 17 days on market in May 2024, down by 81.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in South Fallsburg; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.