Is Beacon, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2021
Since last year, Beacon has remained a Seller's Market.
Key Takeaway
Beacon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Beacon, NY cost?
Median Sold Price
$442,500
$295/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2021
+$32,500(+7.9%)
Key Takeaway
Homes in Beacon have sold for 7.9% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | May 2021 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | $318K | $227.5K | -28.5%  |
| 2 Bedrooms | $357.5K | $380K | +6.3% |
| 3 Bedrooms | $410K | $431.7K | +5.3% |
| 4 Bedrooms | $415K | $520K | +25.3% |
| 5+ Bedrooms | $604.9K | $617K | +2.0% |
How many homes are available in Beacon, NY?
Number of Homes For Sale
| Apr 2022 | May 2022 | % |
|---|---|---|
| 88 | 109 | +23.9% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2022 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | 6 | 7 | +16.7% |
| 2 Bedrooms | 20 | 22 | +10.0% |
| 3 Bedrooms | 34 | 34 | 0.0% |
| 4 Bedrooms | 19 | 30 | +57.9% |
| 5+ Bedrooms | 9 | 16 | +77.8% |
Number of Homes Sold
| Apr 2022 | May 2022 | % |
|---|---|---|
| 11 | 23 | +109.1% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Beacon, you may be able to get a good deal. 56.5% of homes here sold below asking price last month.
Average Sale Time
| May 2021 | May 2022 | % |
|---|---|---|
| 101 Days | 98 Days | -3.4% |
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Beacon are taking a long time to sell, it's a good idea to negotiate on homes here.
