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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tusten is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Tusten has remained a Seller's Market.

Key Takeaway

Tusten is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Tusten, NY

How much do homes in Tusten, NY cost?

Median Sold Price

$448,000

$260/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$38,000(+9.3%)

Key Takeaway

Homes in Tusten have sold for 9.3% more than they did a year ago.

Summary: The median home sold price in Tusten was $448,000 in April 2024, up 9.3% from last year, and the median price per square foot was $260.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $301.5K$281.2K
-6.7%
3 $471K$486.7K
+3.3%
4 $127K$558K
+339.4%
5+ -$665K
N/A

Summary: Tusten housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 339.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Tusten
+9.3%
Narrowsburg
0.2%

Housing Supply in Tusten, NY

How many homes are available in Tusten, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2019-5.0%

Summary: The Tusten real estate market had 19 homes for sale in April 2024, a 5.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 12
+100.0%
2 78
+14.3%
3 64
-33.3%
4 22
0.0%
5+ 43
-25.0%

Summary: The Tusten housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
440.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was 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 4 homes were sold or pending in Tusten in April 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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

Apr 2023Apr 2024CHANGE
39 Days73 Days+87.8%

Summary: Homes in Tusten had an average of 73 days on market in Apr 2024, up by 87.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 4 homes were sold in Tusten; 50% of homes were sold within 30 days, 0% 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 3 Days Ago

Newest Listings in Tusten, NY

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