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 seller's market

Buyer's
Market

Difference Since Last Month

Last month, Highland Falls was a Buyer's Market.

Key Takeaway

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

Housing Prices in Highland Falls, NY

How much do homes in Highland Falls, NY cost?

Median Sold Price

$403,000

$202/sqft

Based on all homes sold in August 2024.

Difference Since Last Month

+$1,500(+0.4%)

Key Takeaway

The sold price of homes in Highland Falls has remained the same since last month.

Summary: The median home sold price in Highland Falls was $403,000 in August 2024, up 0.4% from last month, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 --
N/A
2 $373K$446K
+19.6%
3 $430K$152.5K
-64.5%
4 -$429.9K
N/A
5+ --
N/A

Summary: Highland Falls housing prices by bedroom type for August 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.6%, 3 bedroom homes decreased by 64.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Highland Falls
0.4%
Highlands
0.4%

Housing Supply in Highland Falls, NY

How many homes are available in Highland Falls, NY?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
17170.0%

Summary: The Highland Falls real estate market had 17 homes for sale in August 2024, the same as July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 66
0.0%
4 66
0.0%
5+ 34
+33.3%

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

Number of Homes Sold

Jul 2024Aug 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Highland Falls, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Highland Falls in August 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% 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

Jul 2024Aug 2024CHANGE
20 Days22 Days+10.0%

Summary: Homes in Highland Falls had an average of 22 days on market in Aug 2024, up by 10% compared to last month.

Breakdown of Home Sale Times

2 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

Many homes in Highland Falls are selling fast, if you're buying plan to act quickly.

Summary: During August 2024, 4 homes were sold in Highland Falls; 50% of homes were sold within 30 days, 25% 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 11 Days Ago

Newest Listings in Highland Falls, NY

Nearby Markets to Highland Falls, NY

What housing markets are near Highland Falls, NY?