Is Bethel, 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, Bethel has remained a Buyer's Market.
Key Takeaway
Bethel is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bethel, NY
How much do homes in Bethel, NY cost?
Median Sold Price
$272,000
$242/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Bethel have sold for 18.2% more than they did a year ago.
Summary: The median home sold price in Bethel was $272,000 in March 2024, up 18.2% from last year, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $129K | $172.5K | +33.7% |
| 2 Bedrooms | $128.5K | $265K | +106.2% |
| 3 Bedrooms | $263K | $314.9K | +19.8% |
| 4 Bedrooms | $455K | $645K | +41.8% |
| 5+ Bedrooms | $385K | $1.3M | +238.3% |
Summary: Bethel housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.7%, 2 bedroom homes increased by 106.2%, 3 bedroom homes increased by 19.8%, 4 bedroom homes increased by 41.8%, and 5+ bedroom homes increased by 238.3%.
Median Sold Price Compared To Nearby Cities
| Bethel | $230.2K | $272K | +18.2% |
| Thompson | $250K | $260K | +4.0% |
Housing Supply in Bethel, NY
How many homes are available in Bethel, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 27 | 35 | +29.6% |
Summary: The Bethel real estate market had 35 homes for sale in March 2024, a 29.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 9 | 11 | +22.2% |
| 3 Bedrooms | 15 | 17 | +13.3% |
| 4 Bedrooms | 0 | 2 | +100.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Bethel housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
3 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 Bethel, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Bethel in March 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Bethel, NY
How long does it take to sell a home in Bethel, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 40 Days | 92 Days | +131.3% |
Summary: Homes in Bethel had an average of 92 days on market in Mar 2024, up by 131.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bethel are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in Bethel; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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.