Is Minisink, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Minisink has remained a Seller's Market.
Housing Prices in Minisink, NY
How much do homes in Minisink, NY cost?
Median Sold Price
$460,000
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Minisink was $460,000 in March 2024, up 2.2% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $300K | $260K | -13.3% |
2 Bedrooms | $265K | $414.5K | +56.4% |
3 Bedrooms | $330K | $407.5K | +23.5% |
4 Bedrooms | $560K | $541.2K | -3.3% |
5+ Bedrooms | $510K | $910K | +78.4% |
Summary: Minisink housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.3%, 2 bedroom homes increased by 56.4%, 3 bedroom homes increased by 23.5%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 78.4%.
Housing Supply in Minisink, NY
How many homes are available in Minisink, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 11 | -8.3% |
Summary: The Minisink real estate market had 11 homes for sale in March 2024, a 8.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 3 | 2 | -33.3% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Minisink 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Minisink in March 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Minisink, NY
How long does it take to sell a home in Minisink, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
82 Days | 117 Days | +41.4% |
Summary: Homes in Minisink had an average of 117 days on market in Mar 2024, up by 41.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Minisink; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.