Is Kent, 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, Kent was a Seller's Market.
Housing Prices in Kent, NY
How much do homes in Kent, NY cost?
Median Sold Price
$390,000
$250/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Kent was $390,000 in March 2024, up 9.9% from last year, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $295K | $270K | -8.5% |
2 Bedrooms | $328.5K | $339K | +3.2% |
3 Bedrooms | $400K | $450.5K | +12.6% |
4 Bedrooms | $365K | $340K | -6.8% |
5+ Bedrooms | $525.5K | $669.4K | +27.4% |
Summary: Kent housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.5%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 12.6%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes increased by 27.4%.
Median Sold Price Compared To Nearby Cities
Stormville | $498.7K | $572.5K | +14.8% |
Kent | $355K | $390K | +9.9% |
Carmel | $435K | $455K | +4.6% |
Putnam Valley | $459K | $455K | -0.9% |
Housing Supply in Kent, NY
How many homes are available in Kent, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
51 | 50 | -2.0% |
Summary: The Kent real estate market had 50 homes for sale in March 2024, a 2.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 2 | -60.0% |
2 Bedrooms | 22 | 23 | +4.5% |
3 Bedrooms | 18 | 19 | +5.6% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Kent housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 60%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 6 | -45.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Kent in March 2024, down by 45.5% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for Kent, NY
How long does it take to sell a home in Kent, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
82 Days | 74 Days | -9.2% |
Summary: Homes in Kent had an average of 74 days on market in Mar 2024, down by 9.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Kent; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.