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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Plattekill is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Plattekill was a Seller's Market.

Key Takeaway

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

Housing Prices in Plattekill, NY

How much do homes in Plattekill, NY cost?

Median Sold Price

$405,500

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$18,000(+4.6%)

Key Takeaway

Homes in Plattekill have sold for 4.6% more than they did a year ago.

Summary: The median home sold price in Plattekill was $405,500 in March 2024, up 4.6% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $300K$318.2K
+6.1%
3 $375K$371K
-1.1%
4 $450K$450K
0.0%
5+ $275K$457.5K
+66.4%

Summary: Plattekill 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 increased by 6.1%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 66.4%.

Median Sold Price Compared To Nearby Cities

Marlboro
+5.5%
Plattekill
+4.6%

Housing Supply in Plattekill, NY

How many homes are available in Plattekill, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2430+25.0%

Summary: The Plattekill real estate market had 30 homes for sale in March 2024, a 25.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 1119
+72.7%
4 98
-11.1%
5+ 20
-100.0%

Summary: The Plattekill 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 increased by 50%, 3 bedroom homes increased by 72.7%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Plattekill, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Plattekill in March 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Plattekill, NY

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

Average Sale Time

Mar 2023Mar 2024CHANGE
69 Days47 Days-32.0%

Summary: Homes in Plattekill had an average of 47 days on market in Mar 2024, down by 32% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Plattekill has remained consistent over time.

Summary: During March 2024, 3 homes were sold in Plattekill; 33% of homes were sold within 30 days, 67% 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 15 Days Ago

Newest Listings in Plattekill, NY

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