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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Poestenkill is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Poestenkill, NY

How much do homes in Poestenkill, NY cost?

Median Sold Price

$295,000

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$20,000(+7.3%)

Key Takeaway

Homes in Poestenkill have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in Poestenkill was $295,000 in March 2024, up 7.3% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $275K$110K
-60.0%
3 $259.9K$295K
+13.5%
4 $365K$343K
-6.0%
5+ $407K$271.6K
-33.3%

Summary: Poestenkill 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 60%, 3 bedroom homes increased by 13.5%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes decreased by 33.3%.

Median Sold Price Compared To Nearby Cities

Wynantskill
+22.7%
Poestenkill
+7.3%
Sand Lake
+5.9%
Averill Park
0.3%

Housing Supply in Poestenkill, NY

How many homes are available in Poestenkill, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
94-55.6%

Summary: The Poestenkill real estate market had 4 homes for sale in March 2024, a 55.6% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 31
-66.7%
4 31
-66.7%
5+ 32
-33.3%

Summary: The Poestenkill 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 66.7%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Poestenkill, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Poestenkill in March 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Poestenkill, NY

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

Average Sale Time

Mar 2023Mar 2024CHANGE
19 Days19 Days+0.9%

Summary: Homes in Poestenkill had an average of 19 days on market in Mar 2024, up by 0.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 Poestenkill are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 2 homes were sold in Poestenkill; 50% of homes were sold within 30 days, 50% 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 23 Days Ago

Newest Listings in Poestenkill, NY

Nearby Markets to Poestenkill, NY