$8,313 Closing Credit*
$700,000
2,474 SqFt
4 Beds
•2 Full Baths
Listing Office: Howard Hanna Rand Realty
Is Valley Cottage, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Valley Cottage was a Seller's Market.
Key Takeaway
Valley Cottage is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Valley Cottage, NY
How much do homes in Valley Cottage, NY cost?
Median Sold Price
$507,550
$345/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$4,050(+0.8%)
Key Takeaway
Homes in Valley Cottage have sold for 0.8% more than they did a year ago.
Summary: The median home sold price in Valley Cottage was $507,550 in September 2024, up 0.8% from last year, and the median price per square foot was $345.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $278.7K | $305K | +9.4% |
| 2 Bedrooms | $350K | $396K | +13.1% |
| 3 Bedrooms | $515K | $603.7K | +17.2% |
| 4 Bedrooms | $654K | $700K | +7.0% |
| 5+ Bedrooms | $630K | $765K | +21.4% |
Summary: Valley Cottage housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.4%, 2 bedroom homes increased by 13.1%, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 21.4%.
Median Sold Price Compared To Nearby Cities
| Nyack | $597.2K | $667K | +11.7% |
| Clarkstown | $597.6K | $652.9K | +9.3% |
| Valley Cottage | $503.5K | $507.5K | +0.8% |
| Congers | $600K | $591.5K | -1.4% |
Housing Supply in Valley Cottage, NY
How many homes are available in Valley Cottage, NY?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 51 | 52 | +2.0% |
Summary: The Valley Cottage real estate market had 52 homes for sale in September 2024, a 2.0% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 11 | +37.5% |
| 2 Bedrooms | 10 | 12 | +20.0% |
| 3 Bedrooms | 12 | 9 | -25.0% |
| 4 Bedrooms | 15 | 15 | 0.0% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Valley Cottage housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 37.5%, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 13 | 7 | -46.2% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Valley Cottage, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Valley Cottage in September 2024, down by 46.2% month-over-month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% were sold over asking.
Days on Market for Valley Cottage, NY
How long does it take to sell a home in Valley Cottage, NY?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 58 Days | 55 Days | -5.2% |
Summary: Homes in Valley Cottage had an average of 55 days on market in Sep 2024, down by 5.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Valley Cottage are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 7 homes were sold in Valley Cottage; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% 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.