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 February 2023

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.

Housing Prices in Lewisboro, NY

How much do homes in Lewisboro, NY cost?

Median Sold Price

$849,000

$331/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$114,000(+15.5%)

Key Takeaway

Homes in Lewisboro have sold for 15.5% more than they did a year ago.

Summary: The median home sold price in Lewisboro was $849,000 in February 2024, up 15.5% from last year, and the median price per square foot was $331.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $265K$360K
+35.8%
2 $483K$620K
+28.4%
3 $700.2K$775K
+10.7%
4 $976K$1.0M
+7.6%
5+ $1.9M$1.4M
-21.1%

Summary: Lewisboro housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35.8%, 2 bedroom homes increased by 28.4%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes decreased by 21.1%.

Median Sold Price Compared To Nearby Cities

South Salem
+18.7%
Lewisboro
+15.5%
Goldens Bridge
+11.6%

Housing Supply in Lewisboro, NY

How many homes are available in Lewisboro, NY?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
3940+2.6%

Summary: The Lewisboro real estate market had 40 homes for sale in February 2024, a 2.6% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 98
-11.1%
3 1614
-12.5%
4 610
+66.7%
5+ 88
0.0%

Summary: The Lewisboro housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lewisboro, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Lewisboro in February 2024, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Lewisboro, NY

How long does it take to sell a home in Lewisboro, NY?

Average Sale Time

Feb 2023Feb 2024CHANGE
45 Days56 Days+22.4%

Summary: Homes in Lewisboro had an average of 56 days on market in Feb 2024, up by 22.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was 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.

Summary: During February 2024, 4 homes were sold in Lewisboro; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

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

Report Updated 4 Days Ago

Newest Listings in Lewisboro, NY

Nearby Markets to Lewisboro, NY

What housing markets are near Lewisboro, NY?