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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Congers is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Congers has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Congers, NY

How much do homes in Congers, NY cost?

Median Sold Price

$575,000

$319/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$10,000(-1.7%)

Key Takeaway

Homes in Congers have sold for 1.7% less than they did a year ago.

Summary: The median home sold price in Congers was $575,000 in March 2024, down 1.7% from last year, and the median price per square foot was $319.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $320K-
N/A
2 $465K$475K
+2.2%
3 $567.5K$540K
-4.8%
4 $601K$642.5K
+6.9%
5+ $775K$730K
-5.8%

Summary: Congers housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.2%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes decreased by 5.8%.

Median Sold Price Compared To Nearby Cities

Valley Cottage
+14.1%
Clarkstown
+5.6%
New City
+5.6%
Haverstraw
+5.6%
Congers
-1.7%

Housing Supply in Congers, NY

How many homes are available in Congers, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2628+7.7%

Summary: The Congers real estate market had 28 homes for sale in March 2024, a 7.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 56
+20.0%
3 58
+60.0%
4 108
-20.0%
5+ 65
-16.7%

Summary: The Congers 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 20%, 3 bedroom homes increased by 60%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
48+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 8 homes were sold or pending in Congers in March 2024, up by 100.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Congers, NY

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

Average Sale Time

Mar 2023Mar 2024CHANGE
65 Days33 Days-49.8%

Summary: Homes in Congers had an average of 33 days on market in Mar 2024, down by 49.8% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Congers are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 8 homes were sold in Congers; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 18 Days Ago

Newest Listings in Congers, NY

Nearby Markets to Congers, NY

What housing markets are near Congers, NY?