Is Cooperative Village, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cooperative Village is a buyer's market

Buyer's
Market

Difference Since December 2023

Since last year, Cooperative Village has remained a Buyer's Market.

Key Takeaway

Cooperative Village is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Cooperative Village, NY

How much do homes in Cooperative Village, NY cost?

Median Sold Price

$760,000

$845/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$50,000(-6.2%)

Key Takeaway

Homes in Cooperative Village have sold for 6.2% less than they did a year ago.

Summary: The median home sold price in Cooperative Village was $760,000 in December 2024, down 6.2% from last year, and the median price per square foot was $845.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $620K$615K
-0.8%
2 $835K$860K
+3.0%
3 $1.2M$1.3M
+3.0%
4 $1.4M-
N/A
5+ -$1.3M
N/A

Summary: Cooperative Village housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.8%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Cooperative Village, NY

How many homes are available in Cooperative Village, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3929-25.6%

Summary: The Cooperative Village real estate market had 29 homes for sale in December 2024, a 25.6% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 2517
-32.0%
2 109
-10.0%
3 32
-33.3%
4 00
0.0%
5+ 11
0.0%

Summary: The Cooperative Village housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 32%, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cooperative Village, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Cooperative Village in December 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Cooperative Village, NY

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 14 Days Ago

Newest Listings in Cooperative Village, NY

Nearby Markets to Cooperative Village, NY