Is Lyons Falls, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lyons Falls is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Lyons Falls has remained a Seller's Market.

Key Takeaway

Lyons Falls is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Lyons Falls, NY

How much do homes in Lyons Falls, NY cost?

Median Sold Price

$105,000

$72/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$57,500(-35.4%)

Key Takeaway

Homes in Lyons Falls have sold for 35.4% less than they did a month ago.

Summary: The median home sold price in Lyons Falls was $105,000 in March 2024, down 35.4% from last month, and the median price per square foot was $72.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $162.5K$105K
-35.4%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Lyons Falls housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 35.4%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Lyons Falls, NY

How many homes are available in Lyons Falls, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
54-20.0%

Summary: The Lyons Falls real estate market had 4 homes for sale in March 2024, a 20.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 01
+100.0%
4 10
-100.0%
5+ 11
0.0%

Summary: The Lyons Falls housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lyons Falls, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Lyons Falls in March 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Lyons Falls, NY

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

Average Sale Time

Feb 2024Mar 2024CHANGE
28 Days112 Days+300.0%

Summary: Homes in Lyons Falls had an average of 112 days on market in Mar 2024, up by 300% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Lyons Falls are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 1 homes were sold in Lyons Falls; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 25 Days Ago

Newest Listings in Lyons Falls, NY

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