Is Highland Mills, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Highland Mills was a Seller's Market.
Key Takeaway
Highland Mills is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Highland Mills, NY
How much do homes in Highland Mills, NY cost?
Median Sold Price
$511,250
$265/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Highland Mills have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in Highland Mills was $511,250 in March 2024, up 11.1% from last year, and the median price per square foot was $265.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $269.5K | $395K | +46.6% |
| 3 Bedrooms | $359.5K | $431K | +19.9% |
| 4 Bedrooms | $651.2K | $580K | -10.9% |
| 5+ Bedrooms | $550K | $775K | +40.9% |
Summary: Highland Mills 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 increased by 46.6%, 3 bedroom homes increased by 19.9%, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes increased by 40.9%.
Median Sold Price Compared To Nearby Cities
| Highland Mills | $460K | $511.2K | +11.1% |
| Woodbury | $631.5K | $680K | +7.7% |
| Blooming Grove | $440K | $457.5K | +4.0% |
| Central Valley | $524.5K | $479K | -8.7% |
Housing Supply in Highland Mills, NY
How many homes are available in Highland Mills, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 38 | 43 | +13.2% |
Summary: The Highland Mills real estate market had 43 homes for sale in March 2024, a 13.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 16 | 16 | 0.0% |
| 4 Bedrooms | 7 | 13 | +85.7% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Highland Mills 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 remained the same, 4 bedroom homes increased by 85.7%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Highland Mills, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Highland Mills in March 2024, down by 42.9% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Highland Mills, NY
How long does it take to sell a home in Highland Mills, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 47 Days | 53 Days | +13.3% |
Summary: Homes in Highland Mills had an average of 53 days on market in Mar 2024, up by 13.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Highland Mills are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in Highland Mills; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.