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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shawangunk is a buyer's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Shawangunk, NY

How much do homes in Shawangunk, NY cost?

Median Sold Price

$415,000

$227/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$35,212(+9.3%)

Key Takeaway

Homes in Shawangunk have sold for 9.3% more than they did a year ago.

Summary: The median home sold price in Shawangunk was $415,000 in March 2024, up 9.3% from last year, and the median price per square foot was $227.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $189K$370K
+95.8%
2 $254K$204.7K
-19.4%
3 $395K$395K
0.0%
4 $392.5K$502K
+27.9%
5+ $470K$565K
+20.2%

Summary: Shawangunk housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 95.8%, 2 bedroom homes decreased by 19.4%, 3 bedroom homes did not change, 4 bedroom homes increased by 27.9%, and 5+ bedroom homes increased by 20.2%.

Median Sold Price Compared To Nearby Cities

Shawangunk
+9.3%
Mamakating
+6.7%
Pine Bush
+1.3%
Crawford
-3.9%
Ellenville
-5.7%

Housing Supply in Shawangunk, NY

How many homes are available in Shawangunk, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3337+12.1%

Summary: The Shawangunk real estate market had 37 homes for sale in March 2024, a 12.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 21
-50.0%
2 11
0.0%
3 1011
+10.0%
4 1819
+5.6%
5+ 25
+150.0%

Summary: The Shawangunk housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 150%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

4 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 Shawangunk, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Shawangunk in March 2024, down by 28.6% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for Shawangunk, NY

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

Average Sale Time

Mar 2023Mar 2024CHANGE
101 Days96 Days-5.4%

Summary: Homes in Shawangunk had an average of 96 days on market in Mar 2024, down by 5.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 5 homes were sold in Shawangunk; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 40% 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 17 Days Ago

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