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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Terryville is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Terryville was a Seller's Market.

Key Takeaway

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

Housing Prices in Terryville, NY

How much do homes in Terryville, NY cost?

Median Sold Price

$536,000

$311/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$36,000(+7.2%)

Key Takeaway

Homes in Terryville have sold for 7.2% more than they did a year ago.

Summary: The median home sold price in Terryville was $536,000 in March 2024, up 7.2% from last year, and the median price per square foot was $311.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $375K-
N/A
2 $415K$475K
+14.5%
3 $480K$475K
-1.0%
4 $549K$560K
+2.0%
5+ $565K$625K
+10.6%

Summary: Terryville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.5%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 10.6%.

Median Sold Price Compared To Nearby Neighborhoods

Port Jefferson Station
+9.2%
Selden
+7.5%
Terryville
+7.2%
Mount Sinai
+4.0%
Coram
+3.6%

Housing Supply in Terryville, NY

How many homes are available in Terryville, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3335+6.1%

Summary: The Terryville real estate market had 35 homes for sale in March 2024, a 6.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1111
0.0%
4 1717
0.0%
5+ 35
+66.7%

Summary: The Terryville 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 remained the same, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

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

Summary: A total of 4 homes were sold or pending in Terryville in March 2024, down by 42.9% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Terryville, NY

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

Average Sale Time

Mar 2023Mar 2024CHANGE
119 Days34 Days-71.2%

Summary: Homes in Terryville had an average of 34 days on market in Mar 2024, down by 71.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Terryville are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 4 homes were sold in Terryville; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 29 Days Ago

Newest Listings in Terryville, NY

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