Is Nanuet, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Nanuet was a Seller's Market.
Housing Prices in Nanuet, NY
How much do homes in Nanuet, NY cost?
Median Sold Price
$551,000
$314/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Nanuet was $551,000 in March 2024, up 6% from last year, and the median price per square foot was $314.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $255K | $300K | +17.6% |
2 Bedrooms | $401.4K | $455K | +13.3% |
3 Bedrooms | $520K | $542.5K | +4.3% |
4 Bedrooms | $615K | $653K | +6.2% |
5+ Bedrooms | $665K | $752.5K | +13.2% |
Summary: Nanuet housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.6%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 13.2%.
Median Sold Price Compared To Nearby Cities
Chestnut Ridge | $735K | $785K | +6.8% |
Nanuet | $520K | $551K | +6.0% |
Clarkstown | $590.9K | $624.3K | +5.6% |
Spring Valley | $680K | $700K | +2.9% |
West Nyack | $661K | $652K | -1.4% |
Housing Supply in Nanuet, NY
How many homes are available in Nanuet, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
41 | 51 | +24.4% |
Summary: The Nanuet real estate market had 51 homes for sale in March 2024, a 24.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 13 | 15 | +15.4% |
3 Bedrooms | 4 | 7 | +75.0% |
4 Bedrooms | 19 | 21 | +10.5% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Nanuet housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 75%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 7 | +75.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Nanuet in March 2024, up by 75.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for Nanuet, NY
How long does it take to sell a home in Nanuet, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
38 Days | 33 Days | -13.4% |
Summary: Homes in Nanuet had an average of 33 days on market in Mar 2024, down by 13.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Nanuet; 29% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.