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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Royalton is a neutral's market

Buyer's
Market

Difference Since September 2023

Since last year, Royalton has remained a Neutral Market.

Key Takeaway

Royalton is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Royalton, NY

How much do homes in Royalton, NY cost?

Median Sold Price

$235,000

$141/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$46,300(+24.5%)

Key Takeaway

Homes in Royalton have sold for 24.5% more than they did a year ago.

Summary: The median home sold price in Royalton was $235,000 in September 2024, up 24.5% from last year, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $55.5K$142.4K
+156.7%
2 $240K$67.1K
-72.0%
3 $178.8K$235.5K
+31.6%
4 $230K$256K
+11.3%
5+ $167.5K$220K
+31.3%

Summary: Royalton housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 156.7%, 2 bedroom homes decreased by 72%, 3 bedroom homes increased by 31.6%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes increased by 31.3%.

Median Sold Price Compared To Nearby Cities

Royalton
+24.5%
Clarence Center
+13.3%
Newstead
+11.9%
Clarence
+7.9%

Housing Supply in Royalton, NY

How many homes are available in Royalton, NY?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2521-16.0%

Summary: The Royalton real estate market had 21 homes for sale in September 2024, a 16.0% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 55
0.0%
3 96
-33.3%
4 77
0.0%
5+ 32
-33.3%

Summary: The Royalton housing inventory by bedroom type for September 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 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Royalton, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Royalton in September 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% 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

Sep 2023Sep 2024CHANGE
23 Days12 Days-47.5%

Summary: Homes in Royalton had an average of 12 days on market in Sep 2024, down by 47.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were 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 Royalton are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 3 homes were sold in Royalton; 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 30 Days Ago

Newest Listings in Royalton, NY

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