Is Hyde Park, 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, Hyde Park was a Seller's Market.
Key Takeaway
Hyde Park is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Hyde Park, NY
How much do homes in Hyde Park, NY cost?
Median Sold Price
$360,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Hyde Park have sold for 7.9% more than they did a year ago.
Summary: The median home sold price in Hyde Park was $360,000 in March 2024, up 7.9% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $139.9K | $146K | +4.4% |
| 2 Bedrooms | $275K | $270K | -1.8% |
| 3 Bedrooms | $335K | $353.7K | +5.6% |
| 4 Bedrooms | $402.4K | $380K | -5.6% |
| 5+ Bedrooms | $350K | $480K | +37.1% |
Summary: Hyde Park housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.4%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 37.1%.
Median Sold Price Compared To Nearby Cities
| Clinton | $327.5K | $394.5K | +20.5% |
| Staatsburg | $385K | $450K | +16.9% |
| Hyde Park | $333.4K | $360K | +7.9% |
Housing Supply in Hyde Park, NY
How many homes are available in Hyde Park, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 63 | 72 | +14.3% |
Summary: The Hyde Park real estate market had 72 homes for sale in March 2024, a 14.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 10 | +11.1% |
| 3 Bedrooms | 37 | 40 | +8.1% |
| 4 Bedrooms | 10 | 15 | +50.0% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Hyde Park 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 increased by 11.1%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 12 | +140.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Hyde Park, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Hyde Park in March 2024, up by 140.0% month-over-month. Of the 12 sold homes, 67% were sold under asking, 25% were sold at asking, and 8% were sold over asking.
Days on Market for Hyde Park, NY
How long does it take to sell a home in Hyde Park, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 145 Days | 83 Days | -42.8% |
Summary: Homes in Hyde Park had an average of 83 days on market in Mar 2024, down by 42.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Hyde Park has remained consistent over time.
Summary: During March 2024, 12 homes were sold in Hyde Park; 25% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 33% 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.