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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Poughquag is a buyer's market

Buyer's
Market

Difference Since March 2023

Since last year, Poughquag has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Poughquag, NY

How much do homes in Poughquag, NY cost?

Median Sold Price

$454,000

$221/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$25,000(-5.2%)

Key Takeaway

Homes in Poughquag have sold for 5.2% less than they did a year ago.

Summary: The median home sold price in Poughquag was $454,000 in March 2024, down 5.2% from last year, and the median price per square foot was $221.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $182.5K-
N/A
2 $367K$395K
+7.6%
3 $435K$457.4K
+5.2%
4 $565K$575K
+1.8%
5+ $1.8M$449K
-75.7%

Summary: Poughquag 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 7.6%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes decreased by 75.7%.

Median Sold Price Compared To Nearby Cities

Hopewell Junction
+15.8%
Stormville
+14.8%
Beekman
+11.5%
Lagrangeville
+11.5%
Poughquag
-5.2%

Housing Supply in Poughquag, NY

How many homes are available in Poughquag, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2630+15.4%

Summary: The Poughquag real estate market had 30 homes for sale in March 2024, a 15.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 22
0.0%
3 911
+22.2%
4 1315
+15.4%
5+ 22
0.0%

Summary: The Poughquag 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 increased by 22.2%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 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 Poughquag, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Poughquag in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Poughquag, NY

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

Average Sale Time

Mar 2023Mar 2024CHANGE
36 Days7 Days-80.8%

Summary: Homes in Poughquag had an average of 7 days on market in Mar 2024, down by 80.8% compared to last year.

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 Poughquag are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 1 homes were sold in Poughquag; 100% of homes were sold within 30 days, 0% 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 24 Days Ago

Newest Listings in Poughquag, NY

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