Is Cross River, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cross River is a seller's market

Buyer's
Market

Difference Since January 2022

At the same time last year, Cross River was a Neutral Market.

Key Takeaway

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

How much do homes in Cross River, NY cost?

Median Sold Price

$695,000

$298/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$87,500(+14.4%)

Key Takeaway

Homes in Cross River have sold for 14.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $415K$430K
+3.6%
2 $465K$497.5K
+7.0%
3 $607.5K$3.5M
+491.8%
4 $999K$835K
-16.4%
5+ $972K$4.2M
+332.1%

Median Sold Price Compared To Nearby Cities

Cross River
+14.4%
South Salem
+7.7%
Katonah
+6.4%
Lewisboro
+4.7%

How many homes are available in Cross River, NY?

Number of Homes For Sale

Dec 2022Jan 2023%
65-16.7%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 10
-100.0%
2 22
0.0%
3 11
0.0%
4 22
0.0%
5+ 00
0.0%

Number of Homes Sold

Dec 2022Jan 2023%
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 Cross River, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Average Sale Time

Jan 2022Jan 2023%
7 Days6 Days-14.3%

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 Cross River are selling fast, if you're buying plan to act quickly.

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

About Cross River, NY

Homes for sale in Cross River, NY have reached 5. The number of listings in Cross River, NY decreased by 16.7% between December 2022 and January 2023. In January 2023 median list price was $695,000 and the average listing age was 6 days. Listing prices have changed in this real estate market between December 2022 and January 2023: 1 bedroom properties prices increased by 3.6%, prices of 2 bedrooms properties went up by 7%, the cost of 3 bedrooms properties went up by 491.8%, prices of 4 bedrooms properties went down by 16.4%, prices of 5 bedrooms properties increased by 332.1%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes went down by 100%, 2 bedrooms homes inventory did not change, volume of 3 bedrooms homes stayed the same, the quantity of 4 bedrooms homes have not changed, 5 bedrooms homes did not move. While more than 1 listings in Cross River, NY in January 2023 were sold above asking price, there were more than 0 listings sold at asking price, and more than 0 were sold below.

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