Is Olive, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Olive is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Olive has remained a Buyer's Market.

Key Takeaway

Olive is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Olive, NY cost?

Median Sold Price

$995,000

$340/sqft

Based on all homes sold in December 2022.

Difference Since Last Month

+$578,750(+139.0%)

Key Takeaway

Homes in Olive have sold for 139% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2022Dec 2022%
1 --
N/A
2 --
N/A
3 $416.2K$995K
+139.0%
4 --
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Cities

Olive
+139.0%
Olivebridge
+96.1%

How many homes are available in Olive, NY?

Number of Homes For Sale

Nov 2022Dec 2022%
1716-5.9%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 22
0.0%
3 109
-10.0%
4 33
0.0%
5+ 22
0.0%

Number of Homes Sold

Nov 2022Dec 2022%
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Olive, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Average Sale Time

Nov 2022Dec 2022%
57 Days18 Days-68.4%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Olive, NY

There are 16 homes are for sale in Olive, NY real estate market. Between November 2022 and December 2022, Olive, NY real estate market has seen decrease in the number of listings by 5.9%. In December 2022 median list price was $995,000 and the average listing age was 18 days. Between December 2021 and December 2022, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 0%, 3 bedrooms properties prices increased by 139%, 4 bedrooms properties prices increased by 0%, 5 bedrooms properties prices increased by 0%. This housing market inventory have changed: 1 bedroom homes inventory did not change, number of 2 bedrooms homes remained the same, number of 3 bedrooms homes decreased by 10%, the quantity of 4 bedrooms homes have not changed, volume of 5 bedrooms homes stayed the same. Olive, NY housing market in December 2022 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 0 sold below.

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