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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Plattekill is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Plattekill was a Buyer's Market.

Key Takeaway

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

Housing Prices in Plattekill, NY

How much do homes in Plattekill, NY cost?

Median Sold Price

$400,000

$220/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$500(+0.1%)

Key Takeaway

The sold price of homes in Plattekill has remained the same since last year.

Summary: The median home sold price in Plattekill was $400,000 in April 2024, up 0.1% from last year, and the median price per square foot was $220.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $350K$318.2K
-9.1%
3 $380K$360K
-5.3%
4 $470K$449.9K
-4.3%
5+ $250K$457.5K
+83.0%

Summary: Plattekill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 83%.

Median Sold Price Compared To Nearby Cities

Marlboro
+8.7%
Plattekill
0.1%

Housing Supply in Plattekill, NY

How many homes are available in Plattekill, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3141+32.3%

Summary: The Plattekill real estate market had 41 homes for sale in April 2024, a 32.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1925
+31.6%
4 912
+33.3%
5+ 01
+100.0%

Summary: The Plattekill housing inventory by bedroom type for April 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 31.6%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
37+133.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Plattekill, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Plattekill in April 2024, up by 133.3% month-over-month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% were sold over asking.

Days on Market for Plattekill, NY

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

Average Sale Time

Apr 2023Apr 2024CHANGE
91 Days64 Days-29.6%

Summary: Homes in Plattekill had an average of 64 days on market in Apr 2024, down by 29.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 7 homes were sold in Plattekill; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% 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 Apr 1, 2024

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