Is Millbrook, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Millbrook was a Seller's Market.
Housing Prices in Millbrook, NY
How much do homes in Millbrook, NY cost?
Median Sold Price
$508,750
$278/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Millbrook was $508,750 in April 2024, up 11.2% from last year, and the median price per square foot was $278.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $420K | $750K | +78.6% |
2 Bedrooms | $330K | $470K | +42.4% |
3 Bedrooms | $425K | $560K | +31.8% |
4 Bedrooms | $1.1M | $492.5K | -57.2% |
5+ Bedrooms | $1.4M | $720K | -50.3% |
Summary: Millbrook housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 78.6%, 2 bedroom homes increased by 42.4%, 3 bedroom homes increased by 31.8%, 4 bedroom homes decreased by 57.2%, and 5+ bedroom homes decreased by 50.3%.
Median Sold Price Compared To Nearby Cities
Millbrook | $457.5K | $508.7K | +11.2% |
Washington | $575K | $470K | -18.3% |
Housing Supply in Millbrook, NY
How many homes are available in Millbrook, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 21 | +5.0% |
Summary: The Millbrook real estate market had 21 homes for sale in April 2024, a 5.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 7 | 4 | -42.9% |
4 Bedrooms | 2 | 5 | +150.0% |
5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The Millbrook housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 42.9%, 4 bedroom homes increased by 150%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Millbrook in April 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Millbrook, NY
How long does it take to sell a home in Millbrook, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
60 Days | 40 Days | -33.3% |
Summary: Homes in Millbrook had an average of 40 days on market in Apr 2024, down by 33.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Millbrook; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.