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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bethany is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Bethany has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Bethany, NY

How much do homes in Bethany, NY cost?

Median Sold Price

$78,000

$67/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$262,000(-77.1%)

Key Takeaway

Homes in Bethany have sold for 77.1% less than they did a month ago.

Summary: The median home sold price in Bethany was $78,000 in May 2024, down 77.1% from last month, and the median price per square foot was $67.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $340K$78K
-77.1%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Bethany 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 decreased by 77.1%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Pavilion
+33.1%
Stafford
-51.2%
Bethany
-77.1%

Housing Supply in Bethany, NY

How many homes are available in Bethany, NY?

Number of Homes For Sale

Apr 2024May 2024CHANGE
220.0%

Summary: The Bethany real estate market had 2 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 00
0.0%
4 00
0.0%
5+ 01
+100.0%

Summary: The Bethany 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bethany, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Bethany in May 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Bethany, NY

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

Average Sale Time

Apr 2024May 2024CHANGE
7 Days3 Days-57.1%

Summary: Homes in Bethany had an average of 3 days on market in May 2024, down by 57.1% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 1 homes were sold in Bethany; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 5 Days Ago

Newest Listings in Bethany, NY

Nearby Markets to Bethany, NY