Is Sleepy Hollow, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sleepy Hollow is a neutral's market

Buyer's
Market

Difference Since February 2023

Since last year, Sleepy Hollow has remained a Neutral Market.

Key Takeaway

Sleepy Hollow 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 Sleepy Hollow, NY

How much do homes in Sleepy Hollow, NY cost?

Median Sold Price

$990,000

$473/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$9,999(-1.0%)

Key Takeaway

Homes in Sleepy Hollow have sold for 1% less than they did a year ago.

Summary: The median home sold price in Sleepy Hollow was $990,000 in February 2024, down 1% from last year, and the median price per square foot was $473.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $699K$819.8K
+17.3%
2 $863.6K$1.0M
+25.9%
3 $1.2M$892K
-27.6%
4 $1.0M$1.0M
-3.4%
5+ $770K$1.0M
+37.7%

Summary: Sleepy Hollow housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.3%, 2 bedroom homes increased by 25.9%, 3 bedroom homes decreased by 27.6%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 37.7%.

Median Sold Price Compared To Nearby Cities

Greenburgh
+5.8%
Mount Pleasant
+5.0%
Tarrytown
+4.2%
Sleepy Hollow
-1.0%

Housing Supply in Sleepy Hollow, NY

How many homes are available in Sleepy Hollow, NY?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1719+11.8%

Summary: The Sleepy Hollow real estate market had 19 homes for sale in February 2024, a 11.8% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 21
-50.0%
2 44
0.0%
3 33
0.0%
4 45
+25.0%
5+ 46
+50.0%

Summary: The Sleepy Hollow housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

3 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 Sleepy Hollow, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Sleepy Hollow in February 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Sleepy Hollow, NY

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

Average Sale Time

Feb 2023Feb 2024CHANGE
28 Days49 Days+76.2%

Summary: Homes in Sleepy Hollow had an average of 49 days on market in Feb 2024, up by 76.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Sleepy Hollow has remained consistent over time.

Summary: During February 2024, 3 homes were sold in Sleepy Hollow; 0% of homes were sold within 30 days, 100% 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 28 Days Ago

Newest Listings in Sleepy Hollow, NY

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