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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Plattekill is a neutral's market

Buyer's
Market

Difference Since May 2023

Since last year, Plattekill has remained a Neutral Market.

Key Takeaway

Plattekill is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Plattekill, NY

How much do homes in Plattekill, NY cost?

Median Sold Price

$385,000

$220/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$10,000(-2.5%)

Key Takeaway

Homes in Plattekill have sold for 2.5% less than they did a year ago.

Summary: The median home sold price in Plattekill was $385,000 in May 2024, down 2.5% from last year, and the median price per square foot was $220.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $350K$306.4K
-12.5%
3 $387.5K$360K
-7.1%
4 $470K$449.9K
-4.3%
5+ $250K$457.5K
+83.0%

Summary: Plattekill 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 decreased by 12.5%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 83%.

Median Sold Price Compared To Nearby Cities

Marlboro
+6.8%
Plattekill
-2.5%

Housing Supply in Plattekill, NY

How many homes are available in Plattekill, NY?

Number of Homes For Sale

Apr 2024May 2024CHANGE
4644-4.3%

Summary: The Plattekill real estate market had 44 homes for sale in May 2024, a 4.3% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 2727
0.0%
4 1512
-20.0%
5+ 11
0.0%

Summary: The Plattekill 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
770.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Plattekill, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Plattekill in May 2024, the same as the previous month. Of the 7 sold homes, 43% were sold under asking, 14% 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

May 2023May 2024CHANGE
81 Days51 Days-37.0%

Summary: Homes in Plattekill had an average of 51 days on market in May 2024, down by 37% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 7 homes were sold in Plattekill; 29% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 14% 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 4 Days Ago

Newest Listings in Plattekill, NY

Nearby Markets to Plattekill, NY

What housing markets are near Plattekill, NY?