$34,900
2.00 Acres
Land
Listing Office: Century 21 Geba Realty
Is Lumberland, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Lumberland has remained a Buyer's Market.
Key Takeaway
Lumberland is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lumberland, NY
How much do homes in Lumberland, NY cost?
Median Sold Price
$397,715
$286/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$72,715(+22.4%)
Key Takeaway
Homes in Lumberland have sold for 22.4% more than they did a year ago.
Summary: The median home sold price in Lumberland was $397,715 in August 2024, up 22.4% from last year, and the median price per square foot was $286.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $214.5K | - | N/A |
| 2 Bedrooms | $233K | $315K | +35.2% |
| 3 Bedrooms | $337.5K | $387.4K | +14.8% |
| 4 Bedrooms | $372.5K | $712K | +91.1% |
| 5+ Bedrooms | $597K | $660K | +10.6% |
Summary: Lumberland housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 35.2%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 91.1%, and 5+ bedroom homes increased by 10.6%.
Housing Supply in Lumberland, NY
How many homes are available in Lumberland, NY?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 30 | 37 | +23.3% |
Summary: The Lumberland real estate market had 37 homes for sale in August 2024, a 23.3% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 10 | +25.0% |
| 3 Bedrooms | 17 | 21 | +23.5% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Lumberland housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 23.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lumberland, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Lumberland in August 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Lumberland, NY
How long does it take to sell a home in Lumberland, NY?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 22 Days | 95 Days | +331.8% |
Summary: Homes in Lumberland had an average of 95 days on market in Aug 2024, up by 331.8% 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
Key Takeaway
Many homes in Lumberland are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 4 homes were sold in Lumberland; 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.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.