Is Highland Falls, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Highland Falls is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Highland Falls was a Seller's Market.

Key Takeaway

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

Housing Prices in Highland Falls, NY

How much do homes in Highland Falls, NY cost?

Median Sold Price

$415,000

$227/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$40,000(+10.7%)

Key Takeaway

Homes in Highland Falls have sold for 10.7% more than they did a year ago.

Summary: The median home sold price in Highland Falls was $415,000 in March 2024, up 10.7% from last year, and the median price per square foot was $227.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$200K
N/A
2 $350K$316K
-9.7%
3 $334.5K$425K
+27.1%
4 $404.5K$417.5K
+3.2%
5+ $440K$472.5K
+7.4%

Summary: Highland Falls 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 9.7%, 3 bedroom homes increased by 27.1%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 7.4%.

Housing Supply in Highland Falls, NY

How many homes are available in Highland Falls, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
12120.0%

Summary: The Highland Falls real estate market had 12 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 86
-25.0%
4 34
+33.3%
5+ 01
+100.0%

Summary: The Highland Falls 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 decreased by 25%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
21-50.0%

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 Highland Falls, 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 Highland Falls in March 2024, down by 50.0% 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 Highland Falls, NY

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

Average Sale Time

Mar 2023Mar 2024CHANGE
92 Days229 Days+148.9%

Summary: Homes in Highland Falls had an average of 229 days on market in Mar 2024, up by 148.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 1 homes were sold in Highland Falls; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 24 Days Ago

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