Is Salt Point, 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, Salt Point has remained a Seller's Market.
Key Takeaway
Salt Point is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Salt Point, NY
How much do homes in Salt Point, NY cost?
Median Sold Price
$520,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Salt Point have sold for 27.6% more than they did a year ago.
Summary: The median home sold price in Salt Point was $520,000 in May 2024, up 27.6% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $295K | $373.5K | +26.6% |
| 2 Bedrooms | $335K | $452.5K | +35.1% |
| 3 Bedrooms | $408.2K | $311.5K | -23.7% |
| 4 Bedrooms | $390K | $571.8K | +46.6% |
| 5+ Bedrooms | $595K | $679K | +14.1% |
Summary: Salt Point housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.6%, 2 bedroom homes increased by 35.1%, 3 bedroom homes decreased by 23.7%, 4 bedroom homes increased by 46.6%, and 5+ bedroom homes increased by 14.1%.
Median Sold Price Compared To Nearby Cities
| Salt Point | $407.5K | $520K | +27.6% |
| Staatsburg | $385K | $450K | +16.9% |
| Clinton | $337.5K | $390K | +15.6% |
| Pleasant Valley | $414K | $425K | +2.7% |
| Clinton Corners | $700K | $474K | -32.3% |
Housing Supply in Salt Point, NY
How many homes are available in Salt Point, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 15 | 12 | -20.0% |
Summary: The Salt Point real estate market had 12 homes for sale in May 2024, a 20.0% decrease 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Salt Point 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 decreased by 33.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Salt Point, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Salt Point in May 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Salt Point, NY
How long does it take to sell a home in Salt Point, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 143 Days | 37 Days | -73.7% |
Summary: Homes in Salt Point had an average of 37 days on market in May 2024, down by 73.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Salt Point has remained consistent over time.
Summary: During May 2024, 3 homes were sold in Salt Point; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.