Is Grymes Hill, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Grymes Hill is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Grymes Hill was a Seller's Market.

Key Takeaway

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

Housing Prices in Grymes Hill, NY

How much do homes in Grymes Hill, NY cost?

Median Sold Price

$700,000

$317/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$12,500(-1.8%)

Key Takeaway

Homes in Grymes Hill have sold for 1.8% less than they did a month ago.

Summary: The median home sold price in Grymes Hill was $700,000 in April 2024, down 1.8% from last month, and the median price per square foot was $317.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 $190K-
N/A
2 --
N/A
3 $902.5K$700K
-22.4%
4 $755K-
N/A
5+ --
N/A

Summary: Grymes Hill housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 22.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Grymes Hill, NY

How many homes are available in Grymes Hill, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
880.0%

Summary: The Grymes Hill real estate market had 8 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 00
0.0%
3 53
-40.0%
4 23
+50.0%
5+ 01
+100.0%

Summary: The Grymes Hill housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
41-75.0%

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 Grymes Hill, 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 Grymes Hill in April 2024, down by 75.0% 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 Grymes Hill, NY

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

Average Sale Time

Mar 2024Apr 2024CHANGE
120 Days50 Days-58.3%

Summary: Homes in Grymes Hill had an average of 50 days on market in Apr 2024, down by 58.3% compared to last month.

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 Grymes Hill has remained consistent over time.

Summary: During April 2024, 1 homes were sold in Grymes Hill; 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 6 Days Ago

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