Is Cornwall, 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, Cornwall has remained a Buyer's Market.
Key Takeaway
Cornwall is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cornwall, NY
How much do homes in Cornwall, NY cost?
Median Sold Price
$475,000
$254/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Cornwall have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in Cornwall was $475,000 in March 2024, up 5.6% from last year, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $107.4K | $200.7K | +86.8% |
| 2 Bedrooms | $282.5K | $362.5K | +28.3% |
| 3 Bedrooms | $415K | $458K | +10.4% |
| 4 Bedrooms | $557.5K | $616.2K | +10.5% |
| 5+ Bedrooms | $570K | $668K | +17.2% |
Summary: Cornwall housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 86.8%, 2 bedroom homes increased by 28.3%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 17.2%.
Median Sold Price Compared To Nearby Cities
| Cornwall | $450K | $475K | +5.6% |
| Salisbury Mills | $450K | $457.5K | +1.7% |
| New Windsor | $384.6K | $390K | +1.4% |
| Cornwall-on-Hudson | $470K | $458K | -2.6% |
Housing Supply in Cornwall, NY
How many homes are available in Cornwall, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 46 | 48 | +4.3% |
Summary: The Cornwall real estate market had 48 homes for sale in March 2024, a 4.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 17 | 20 | +17.6% |
| 4 Bedrooms | 17 | 16 | -5.9% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Cornwall housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 17.6%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Cornwall, 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 Cornwall in March 2024, down by 42.9% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Cornwall, NY
How long does it take to sell a home in Cornwall, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 91 Days | 93 Days | +3.0% |
Summary: Homes in Cornwall had an average of 93 days on market in Mar 2024, up by 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 Cornwall are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in Cornwall; 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. 
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally