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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Smallwood is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Smallwood has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Smallwood, NY

How much do homes in Smallwood, NY cost?

Median Sold Price

$191,000

$156/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$86,250(+82.3%)

Key Takeaway

Homes in Smallwood have sold for 82.3% more than they did a month ago.

Summary: The median home sold price in Smallwood was $191,000 in November 2024, up 82.3% from last month, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $104.7K-
N/A
3 -$191K
N/A
4 --
N/A
5+ --
N/A

Summary: Smallwood housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Eldred
+166.0%
Smallwood
+82.3%
Mongaup Valley
+37.8%

Housing Supply in Smallwood, NY

How many homes are available in Smallwood, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1412-14.3%

Summary: The Smallwood real estate market had 12 homes for sale in November 2024, a 14.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 86
-25.0%
3 44
0.0%
4 11
0.0%
5+ 00
0.0%

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

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was 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 Smallwood, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Smallwood in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Smallwood, NY

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

Average Sale Time

Oct 2024Nov 2024CHANGE
202 Days201 Days-0.5%

Summary: Homes in Smallwood had an average of 201 days on market in Nov 2024, down by 0.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Smallwood are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in Smallwood; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 10 Days Ago

Newest Listings in Smallwood, NY

Nearby Markets to Smallwood, NY

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