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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eldred is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Eldred, NY

How much do homes in Eldred, NY cost?

Median Sold Price

$270,000

$224/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$50,000(-15.6%)

Key Takeaway

Homes in Eldred have sold for 15.6% less than they did a year ago.

Summary: The median home sold price in Eldred was $270,000 in October 2024, down 15.6% from last year, and the median price per square foot was $224.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $247.5K$225K
-9.1%
3 $339K$324K
-4.4%
4 $540.8K-
N/A
5+ $1.2M-
N/A

Summary: Eldred housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Highland
+9.8%
Barryville
+0.8%
Eldred
-15.6%

Housing Supply in Eldred, NY

How many homes are available in Eldred, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1114+27.3%

Summary: The Eldred real estate market had 14 homes for sale in October 2024, a 27.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 34
+33.3%
4 22
0.0%
5+ 45
+25.0%

Summary: The Eldred housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eldred, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Eldred in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Eldred, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
74 Days75 Days+1.4%

Summary: Homes in Eldred had an average of 75 days on market in Oct 2024, up by 1.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Eldred has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Eldred; 0% of homes were sold within 30 days, 100% 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 30 Days Ago

Newest Listings in Eldred, NY

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