Is Black Rock, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Black Rock has remained a Seller's Market.
Key Takeaway
Black Rock is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Black Rock, NY
How much do homes in Black Rock, NY cost?
Median Sold Price
$127,600
$72/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Black Rock have sold for 5.8% more than they did a year ago.
Summary: The median home sold price in Black Rock was $127,600 in April 2024, up 5.8% from last year, and the median price per square foot was $72.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $165K | N/A |
| 2 Bedrooms | $106.3K | $110K | +3.5% |
| 3 Bedrooms | $135K | $97.5K | -27.8% |
| 4 Bedrooms | $150K | $142.5K | -5.0% |
| 5+ Bedrooms | - | $131.5K | N/A |
Summary: Black Rock housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.5%, 3 bedroom homes decreased by 27.8%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Forest | $180K | $228.8K | +27.1% |
| Black Rock | $120.6K | $127.6K | +5.8% |
| Riverside Park | $145K | $150K | +3.4% |
Housing Supply in Black Rock, NY
How many homes are available in Black Rock, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 22 | 22 | 0.0% |
Summary: The Black Rock real estate market had 22 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Black Rock housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Black Rock, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Black Rock in April 2024, up by 25.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Black Rock, NY
How long does it take to sell a home in Black Rock, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 13 Days | 57 Days | +317.1% |
Summary: Homes in Black Rock had an average of 57 days on market in Apr 2024, up by 317.1% compared to last year.
Breakdown of Home Sale Times
3 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 Black Rock are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in Black Rock; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
