Is Lewisboro, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lewisboro is a buyer's market

Buyer's
Market

Difference Since May 2021

At the same time last year, Lewisboro was a Seller's Market.

Key Takeaway

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

How much do homes in Lewisboro, NY cost?

Median Sold Price

$705,000

$300/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

-$64,500(-8.4%)

Key Takeaway

Homes in Lewisboro have sold for 8.4% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $245K$380K
+55.1%
2 $410K$468.5K
+14.3%
3 $685K$637.5K
-6.9%
4 $857K$922K
+7.6%
5+ $1.1M$1.3M
+10.2%

Median Sold Price Compared To Nearby Cities

South Salem
-0.9%
Lewisboro
-8.4%

How many homes are available in Lewisboro, NY?

Number of Homes For Sale

Apr 2022May 2022%
6577+18.5%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 44
0.0%
2 98
-11.1%
3 2429
+20.8%
4 2127
+28.6%
5+ 79
+28.6%

Number of Homes Sold

Apr 2022May 2022%
139-30.8%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lewisboro, you could pay more than the asking price. 88.9% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
64 Days41 Days-35.5%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lewisboro are selling fast, if you're buying plan to act quickly.

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

About Lewisboro, NY

Homes for sale in Lewisboro, NY have reached 77. Between April 2022 and May 2022, Lewisboro, NY real estate market has seen increase in the number of listings by 18.5%. In May 2022 median list price was $705,000 and the average listing age was 41 days. This housing market listing prices have changed between April 2022 and May 2022: 1 bedroom properties became 55.1% more expensive, 2 bedrooms properties prices increased by 14.3%, prices of 3 bedrooms properties decreased by 6.9%, 4 bedrooms properties became 7.6% more expensive, the cost of 5 bedrooms properties went up by 10.2%. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes became 11.1% less available, 3 bedrooms homes inventory increased by 20.8%, 4 bedrooms homes inventory increased by 28.6%, 5 bedrooms homes became 28.6% more available. Lewisboro, NY housing market in May 2022 saw over 8 listings sold above listed price, more than 1 sold at listed price and over 0 sold below.

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