Is La Grange, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, La Grange has remained a Seller's Market.
Housing Prices in La Grange, NY
How much do homes in La Grange, NY cost?
Median Sold Price
$441,150
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in La Grange was $441,150 in March 2024, up 5.1% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $206.3K | $228K | +10.5% |
2 Bedrooms | $311K | $330K | +6.1% |
3 Bedrooms | $390K | $411K | +5.4% |
4 Bedrooms | $489K | $532.5K | +8.9% |
5+ Bedrooms | $510K | $415K | -18.6% |
Summary: La Grange housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.5%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes decreased by 18.6%.
Median Sold Price Compared To Nearby Cities
Hopewell Junction | $464.5K | $538K | +15.8% |
Lagrangeville | $453K | $505K | +11.5% |
La Grange | $419.9K | $441.1K | +5.1% |
Pleasant Valley | $420K | $415K | -1.2% |
Housing Supply in La Grange, NY
How many homes are available in La Grange, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
64 | 67 | +4.7% |
Summary: The La Grange real estate market had 67 homes for sale in March 2024, a 4.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 22 | 25 | +13.6% |
4 Bedrooms | 31 | 31 | 0.0% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The La Grange housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 13.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 12 | +50.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in La Grange in March 2024, up by 50.0% month-over-month. Of the 12 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for La Grange, NY
How long does it take to sell a home in La Grange, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
69 Days | 87 Days | +26.6% |
Summary: Homes in La Grange had an average of 87 days on market in Mar 2024, up by 26.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 12 homes were sold in La Grange; 42% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.