Is Hyde Park, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hyde Park is a neutral's market

Buyer's
Market

Difference Since May 2021

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.

How much do homes in Hyde Park, NY cost?

Median Sold Price

$306,656

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$47,656(+18.4%)

Key Takeaway

Homes in Hyde Park have sold for 18.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $111.5K$232.5K
+108.5%
2 $197.5K$260.5K
+31.9%
3 $265K$315K
+18.9%
4 $310K$365K
+17.7%
5+ $321.5K$670K
+108.4%

Median Sold Price Compared To Nearby Cities

Hyde Park
+18.4%
Staatsburg
+8.4%

How many homes are available in Hyde Park, NY?

Number of Homes For Sale

Apr 2022May 2022%
8289+8.5%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 10
-100.0%
2 1722
+29.4%
3 4846
-4.2%
4 1316
+23.1%
5+ 35
+66.7%

Number of Homes Sold

Apr 2022May 2022%
1514-6.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hyde Park, you could pay more than the asking price. 64.3% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
105 Days79 Days-25.2%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Hyde Park has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Hyde Park, NY

Number of homes for sale in Hyde Park, NY real estate market have reached 89. In May 2022 in Hyde Park, NY there were 8.5% more homes for sale than in April 2022. The median list price of listings available in May 2022 was $306,656, while the average time on the real estate market was 79 days. From April 2022 through May 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 108.5%, the cost of 2 bedrooms properties went up by 31.9%, the cost of 3 bedrooms properties went up by 18.9%, the cost of 4 bedrooms properties went up by 17.7%, prices of 5 bedrooms properties went up by 108.4%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes became 100% less available, volume of 2 bedrooms homes went up by 29.4%, number of 3 bedrooms homes decreased by 4.2%, 4 bedrooms homes became 23.1% more available, number of 5 bedrooms homes increased by 66.7%. In May 2022, from all listings sold in Hyde Park, NY there were more than 9 sold above asking price, over 2 sold below and more than 3 were sold right at the asked price.

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