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 buyer's market

Buyer's
Market

Difference Since April 2022

At the same time last year, Hyde Park was a Neutral Market.

Key Takeaway

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

How much do homes in Hyde Park, NY cost?

Median Sold Price

$315,000

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2022

+$5,000(+1.6%)

Key Takeaway

Homes in Hyde Park have sold for 1.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2022Apr 2023%
1 -$139.9K
N/A
2 $233K$260K
+11.6%
3 $321K$340K
+5.9%
4 $360K$357.5K
-0.7%
5+ $930K$378.5K
-59.3%

Median Sold Price Compared To Nearby Cities

Clinton
+11.7%
Hyde Park
+1.6%

How many homes are available in Hyde Park, NY?

Number of Homes For Sale

Mar 2023Apr 2023%
5865+12.1%

Homes For Sale By Bedroom Count

# BEDSMar 2023Apr 2023%
1 00
0.0%
2 1214
+16.7%
3 3740
+8.1%
4 911
+22.2%
5+ 00
0.0%

Number of Homes Sold

Mar 2023Apr 2023%
107-30.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 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. 57.1% of homes here sold above asking price last month.

Average Sale Time

Apr 2022Apr 2023%
142 Days84 Days-40.4%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Hyde Park, NY

Homes for sale in Hyde Park, NY have reached 65. In April 2023 in Hyde Park, NY there were 12.1% more homes for sale than in March 2023. In April 2023, listings were on the market for 84 days. During the same period, the median list price in this real estate market was $315,000. This housing market listing prices have changed between March 2023 and April 2023: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went up by 11.6%, the cost of 3 bedrooms properties went up by 5.9%, 4 bedrooms properties prices decreased by 0.7%, 5 bedrooms properties prices decreased by 59.3%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory did not change, volume of 2 bedrooms homes went up by 16.7%, number of 3 bedrooms homes increased by 8.1%, volume of 4 bedrooms homes went up by 22.2%, 5 bedrooms homes inventory did not change. Hyde Park, NY housing market in April 2023 saw over 4 listings sold above listed price, more than 0 sold at listed price and over 3 sold below.

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