Is Beacon, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Beacon has remained a Buyer's Market.
Housing Prices in Beacon, NY
How much do homes in Beacon, NY cost?
Median Sold Price
$506,000
$319/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Beacon was $506,000 in March 2024, up 11.8% from last year, and the median price per square foot was $319.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $285K | $456.2K | +60.1% |
2 Bedrooms | $415K | $389K | -6.3% |
3 Bedrooms | $430K | $500K | +16.3% |
4 Bedrooms | $611.5K | $670.7K | +9.7% |
5+ Bedrooms | $750K | $965K | +28.7% |
Summary: Beacon housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 60.1%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 16.3%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 28.7%.
Housing Supply in Beacon, NY
How many homes are available in Beacon, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
61 | 61 | 0.0% |
Summary: The Beacon real estate market had 61 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 9 | 12 | +33.3% |
3 Bedrooms | 45 | 40 | -11.1% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Beacon housing inventory by bedroom type for March 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 decreased by 11.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 6 | -60.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Beacon in March 2024, down by 60.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Beacon, NY
How long does it take to sell a home in Beacon, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
80 Days | 35 Days | -55.5% |
Summary: Homes in Beacon had an average of 35 days on market in Mar 2024, down by 55.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Beacon; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.