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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Amenia is a seller's market

Buyer's
Market

Difference Since November 2022

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

Key Takeaway

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

Housing Prices in Amenia, NY

How much do homes in Amenia, NY cost?

Median Sold Price

$350,000

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2022

-$70,000(-16.7%)

Key Takeaway

Homes in Amenia have sold for 16.7% less than they did a year ago.

Summary: The median home sold price in Amenia was $350,000 in November 2023, down 16.7% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 -$498.5K
N/A
2 $265K$231.2K
-12.7%
3 $425K$317.5K
-25.3%
4 -$390K
N/A
5+ $2.2M$1.0M
-54.1%

Summary: Amenia housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.7%, 3 bedroom homes decreased by 25.3%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 54.1%.

Median Sold Price Compared To Nearby Cities

Dover Plains
+12.9%
Sharon
+6.1%
Dover
-6.7%
Amenia
-16.7%

Housing Supply in Amenia, NY

How many homes are available in Amenia, NY?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE
2021+5.0%

Summary: The Amenia real estate market had 21 homes for sale in November 2023, a 5.0% increase compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 22
0.0%
2 33
0.0%
3 78
+14.3%
4 55
0.0%
5+ 33
0.0%

Summary: The Amenia housing inventory by bedroom type for November 2023 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 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2023Nov 2023CHANGE
04+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Amenia, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Amenia in November 2023, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Amenia, NY

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

Average Sale Time

Nov 2022Nov 2023CHANGE
36 Days90 Days+152.1%

Summary: Homes in Amenia had an average of 90 days on market in Nov 2023, up by 152.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Amenia are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2023, 4 homes were sold in Amenia; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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 9 Days Ago

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