Is Royalton, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Royalton has remained a Seller's Market.
Housing Prices in Royalton, NY
How much do homes in Royalton, NY cost?
Median Sold Price
$217,500
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Royalton was $217,500 in February 2024, up 14.5% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $55.5K | $249.9K | +350.3% |
2 Bedrooms | $210K | $240K | +14.3% |
3 Bedrooms | $184.9K | $178.8K | -3.3% |
4 Bedrooms | $232.5K | $230K | -1.1% |
5+ Bedrooms | $115K | $203.5K | +77.0% |
Summary: Royalton housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 350.3%, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 77%.
Median Sold Price Compared To Nearby Cities
Clarence Center | $465K | $533.5K | +14.7% |
Royalton | $189.9K | $217.5K | +14.5% |
Clarence | $478K | $490K | +2.5% |
Newstead | $297.5K | $303K | +1.8% |
Housing Supply in Royalton, NY
How many homes are available in Royalton, NY?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
11 | 11 | 0.0% |
Summary: The Royalton real estate market had 11 homes for sale in February 2024, the same as January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 4 | 3 | -25.0% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Royalton housing inventory by bedroom type for February 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 25%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Royalton in February 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Royalton, NY
How long does it take to sell a home in Royalton, NY?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
51 Days | 24 Days | -52.6% |
Summary: Homes in Royalton had an average of 24 days on market in Feb 2024, down by 52.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 3 homes were sold in Royalton; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.