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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tusten is a buyer's market

Buyer's
Market

Difference Since August 2023

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

Key Takeaway

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

Housing Prices in Tusten, NY

How much do homes in Tusten, NY cost?

Median Sold Price

$448,000

$282/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$85,500(+23.6%)

Key Takeaway

Homes in Tusten have sold for 23.6% more than they did a year ago.

Summary: The median home sold price in Tusten was $448,000 in August 2024, up 23.6% from last year, and the median price per square foot was $282.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 $300.2K$425K
+41.5%
3 $410K$464.2K
+13.2%
4 $558K$533.7K
-4.3%
5+ -$659K
N/A

Summary: Tusten housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 41.5%, 3 bedroom homes increased by 13.2%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Tusten
+23.6%
Narrowsburg
+23.0%

Housing Supply in Tusten, NY

How many homes are available in Tusten, NY?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
2017-15.0%

Summary: The Tusten real estate market had 17 homes for sale in August 2024, a 15.0% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 11
0.0%
2 43
-25.0%
3 88
0.0%
4 53
-40.0%
5+ 22
0.0%

Summary: The Tusten housing inventory by bedroom type for August 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 decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was 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 Tusten, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Tusten in August 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Tusten, NY

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

Average Sale Time

Aug 2023Aug 2024CHANGE
52 Days114 Days+118.5%

Summary: Homes in Tusten had an average of 114 days on market in Aug 2024, up by 118.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2024, 2 homes were sold in Tusten; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 11 Days Ago

Newest Listings in Tusten, NY

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