$10,000 Closing Credit*
$1,190,000
2,737 SqFt
3 Beds
•3 Full Baths, 1 Partial
Listing Office: Howard Hanna Rand Realty
Is Tuxedo, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, Tuxedo was a Seller's Market.
Key Takeaway
Tuxedo is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Tuxedo, NY
How much do homes in Tuxedo, NY cost?
Median Sold Price
$634,500
$289/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$24,500(+4.0%)
Key Takeaway
Homes in Tuxedo have sold for 4% more than they did a year ago.
Summary: The median home sold price in Tuxedo was $634,500 in August 2024, up 4% from last year, and the median price per square foot was $289.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200K | $240K | +20.0% |
| 2 Bedrooms | $250K | $300K | +20.0% |
| 3 Bedrooms | $610K | $527.5K | -13.5% |
| 4 Bedrooms | $880K | $747.5K | -15.1% |
| 5+ Bedrooms | $1.3M | $1.8M | +36.0% |
Summary: Tuxedo housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 13.5%, 4 bedroom homes decreased by 15.1%, and 5+ bedroom homes increased by 36%.
Median Sold Price Compared To Nearby Cities
| Woodbury | $622.7K | $670K | +7.6% |
| Sloatsburg | $440K | $470K | +6.8% |
| Tuxedo | $610K | $634.5K | +4.0% |
Housing Supply in Tuxedo, NY
How many homes are available in Tuxedo, NY?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 30 | 29 | -3.3% |
Summary: The Tuxedo real estate market had 29 homes for sale in August 2024, a 3.3% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The Tuxedo 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tuxedo, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Tuxedo in August 2024, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Tuxedo, NY
How long does it take to sell a home in Tuxedo, NY?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 102 Days | 15 Days | -85.3% |
Summary: Homes in Tuxedo had an average of 15 days on market in Aug 2024, down by 85.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Tuxedo are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 2 homes were sold in Tuxedo; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.