Is North Greenbush, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Greenbush is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, North Greenbush has remained a Seller's Market.

Key Takeaway

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

Housing Prices in North Greenbush, NY

How much do homes in North Greenbush, NY cost?

Median Sold Price

$400,000

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$72,500(+22.1%)

Key Takeaway

Homes in North Greenbush have sold for 22.1% more than they did a year ago.

Summary: The median home sold price in North Greenbush was $400,000 in April 2024, up 22.1% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$380K
N/A
2 $221.5K$265K
+19.6%
3 $340K$418.7K
+23.2%
4 $453.1K$420K
-7.3%
5+ $252.5K$509.5K
+101.8%

Summary: North Greenbush housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.6%, 3 bedroom homes increased by 23.2%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes increased by 101.8%.

Median Sold Price Compared To Nearby Cities

Wynantskill
+25.9%
North Greenbush
+22.1%
Rensselaer
+2.4%
East Greenbush
+1.7%

Housing Supply in North Greenbush, NY

How many homes are available in North Greenbush, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4437-15.9%

Summary: The North Greenbush real estate market had 37 homes for sale in April 2024, a 15.9% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 55
0.0%
3 1917
-10.5%
4 1913
-31.6%
5+ 12
+100.0%

Summary: The North Greenbush 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 10.5%, 4 bedroom homes decreased by 31.6%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
117-36.4%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Greenbush, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in North Greenbush in April 2024, down by 36.4% month-over-month. Of the 7 sold homes, 14% were sold under asking, 29% were sold at asking, and 57% were sold over asking.

Days on Market for North Greenbush, NY

How long does it take to sell a home in North Greenbush, NY?

Average Sale Time

Apr 2023Apr 2024CHANGE
6 Days10 Days+60.4%

Summary: Homes in North Greenbush had an average of 10 days on market in Apr 2024, up by 60.4% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in North Greenbush are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 7 homes were sold in North Greenbush; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

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