Is Narrowsburg, 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, Narrowsburg has remained a Seller's Market.
Housing Prices in Narrowsburg, NY
How much do homes in Narrowsburg, NY cost?
Median Sold Price
$446,000
$274/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Narrowsburg was $446,000 in March 2024, up 8.8% from last year, and the median price per square foot was $274.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $301.5K | $263.5K | -12.6% |
3 Bedrooms | $498K | $486.7K | -2.3% |
4 Bedrooms | $378.5K | $558K | +47.4% |
5+ Bedrooms | - | $665K | N/A |
Summary: Narrowsburg housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.6%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 47.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Narrowsburg | $410K | $446K | +8.8% |
Tusten | $435K | $464.2K | +6.7% |
Cochecton | $315K | $299.5K | -4.9% |
Housing Supply in Narrowsburg, NY
How many homes are available in Narrowsburg, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
25 | 24 | -4.0% |
Summary: The Narrowsburg real estate market had 24 homes for sale in March 2024, a 4.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 8 | 8 | 0.0% |
3 Bedrooms | 10 | 8 | -20.0% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Narrowsburg 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 20%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 5 | +25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Narrowsburg in March 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Narrowsburg, NY
How long does it take to sell a home in Narrowsburg, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
45 Days | 91 Days | +101.3% |
Summary: Homes in Narrowsburg had an average of 91 days on market in Mar 2024, up by 101.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in Narrowsburg; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.