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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Verplanck is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Verplanck has remained a Seller's Market.

Key Takeaway

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

How much do homes in Verplanck, NY cost?

Median Sold Price

$499,000

$222/sqft

Based on all homes sold in October 2022.

Difference Since Last Month

+$40,000(+8.7%)

Key Takeaway

Homes in Verplanck have sold for 8.7% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2022Oct 2022%
1 --
N/A
2 --
N/A
3 $459K$499K
+8.7%
4 --
N/A
5+ --
N/A

How many homes are available in Verplanck, NY?

Number of Homes For Sale

Sep 2022Oct 2022%
32-33.3%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 00
0.0%
3 32
-33.3%
4 00
0.0%
5+ 00
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Verplanck, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Average Sale Time

Sep 2022Oct 2022%
36 Days39 Days+8.3%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Verplanck, NY

Verplanck, NY has 2 homes on the market. In October 2022 in Verplanck, NY there were 33.3% less homes for sale than in September 2022. While the average time on the market in October 2022 was 39 days, the median list price was $499,000. Real estate listing prices changed between October 2021 and October 2022: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 0%, the cost of 3 bedrooms properties went up by 8.7%, prices of 4 bedrooms properties went up by 0%, the cost of 5 bedrooms properties went up by 0%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory did not change, 2 bedrooms homes did not move, volume of 3 bedrooms homes went down by 33.3%, 4 bedrooms homes did not move, 5 bedrooms homes did not move. While more than 0 listings in Verplanck, NY in October 2022 were sold above asking price, there were more than 1 listings sold at asking price, and more than 0 were sold below.

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