Is Tappan, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Tappan has remained a Buyer's Market.
Housing Prices in Tappan, NY
How much do homes in Tappan, NY cost?
Median Sold Price
$636,250
$257/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Tappan was $636,250 in March 2024, down 5.9% from last month, and the median price per square foot was $257.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $650K | - | N/A |
4 Bedrooms | $702K | $636.2K | -9.4% |
5+ Bedrooms | - | - | N/A |
Summary: Tappan housing prices by bedroom type for March 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 decreased by 9.4%, and 5+ bedroom homes did not change.
Housing Supply in Tappan, NY
How many homes are available in Tappan, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 18 | 0.0% |
Summary: The Tappan real estate market had 18 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 3 | 3 | 0.0% |
4 Bedrooms | 11 | 10 | -9.1% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Tappan housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Tappan in March 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Tappan, NY
How long does it take to sell a home in Tappan, NY?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
31 Days | 44 Days | +41.9% |
Summary: Homes in Tappan had an average of 44 days on market in Mar 2024, up by 41.9% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Tappan; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.