Is Cornwall-on-Hudson, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cornwall-on-Hudson is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Cornwall-on-Hudson was a Buyer's Market.

Key Takeaway

Cornwall-on-Hudson is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Cornwall-on-Hudson, NY

How much do homes in Cornwall-on-Hudson, NY cost?

Median Sold Price

$458,000

$239/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$12,000(-2.6%)

Key Takeaway

Homes in Cornwall-on-Hudson have sold for 2.6% less than they did a year ago.

Summary: The median home sold price in Cornwall-on-Hudson was $458,000 in March 2024, down 2.6% from last year, and the median price per square foot was $239.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$201.5K
N/A
2 $370K$368.7K
-0.3%
3 $461K$475K
+3.0%
4 $518.1K$632K
+22.0%
5+ $601.2K$595K
-1.0%

Summary: Cornwall-on-Hudson 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 decreased by 0.3%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 22%, and 5+ bedroom homes decreased by 1%.

Median Sold Price Compared To Nearby Cities

Cornwall
+5.6%
Cornwall-on-Hudson
-2.6%

Housing Supply in Cornwall-on-Hudson, NY

How many homes are available in Cornwall-on-Hudson, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
46+50.0%

Summary: The Cornwall-on-Hudson real estate market had 6 homes for sale in March 2024, a 50.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 35
+66.7%
4 11
0.0%
5+ 00
0.0%

Summary: The Cornwall-on-Hudson 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 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cornwall-on-Hudson, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Cornwall-on-Hudson in March 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Cornwall-on-Hudson, NY

How long does it take to sell a home in Cornwall-on-Hudson, NY?

Average Sale Time

Mar 2023Mar 2024CHANGE
51 Days11 Days-78.4%

Summary: Homes in Cornwall-on-Hudson had an average of 11 days on market in Mar 2024, down by 78.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Cornwall-on-Hudson are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 1 homes were sold in Cornwall-on-Hudson; 100% of homes were sold within 30 days, 0% 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 23 Days Ago

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