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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Esopus is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Esopus has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Esopus, NY

How much do homes in Esopus, NY cost?

Median Sold Price

$420,000

$254/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$83,500(+24.8%)

Key Takeaway

Homes in Esopus have sold for 24.8% more than they did a year ago.

Summary: The median home sold price in Esopus was $420,000 in December 2024, up 24.8% from last year, and the median price per square foot was $254.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $335K$363K
+8.4%
2 $335K$339K
+1.2%
3 $333.5K$400K
+19.9%
4 $510K$512.5K
0.5%
5+ $410K$536K
+30.7%

Summary: Esopus housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.4%, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 19.9%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 30.7%.

Housing Supply in Esopus, NY

How many homes are available in Esopus, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
5953-10.2%

Summary: The Esopus real estate market had 53 homes for sale in December 2024, a 10.2% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 46
+50.0%
2 1310
-23.1%
3 2116
-23.8%
4 1111
0.0%
5+ 1010
0.0%

Summary: The Esopus housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 23.1%, 3 bedroom homes decreased by 23.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
79+28.6%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Esopus, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Esopus in December 2024, up by 28.6% month-over-month. Of the 9 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Esopus, NY

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

Average Sale Time

Dec 2023Dec 2024CHANGE
79 Days115 Days+45.1%

Summary: Homes in Esopus had an average of 115 days on market in Dec 2024, up by 45.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Esopus are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 9 homes were sold in Esopus; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 22% 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 13 Days Ago

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