Is Village of the Branch, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Village of the Branch is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Village of the Branch has remained a Seller's Market.

Key Takeaway

Village of the Branch is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Village of the Branch, NY

How much do homes in Village of the Branch, NY cost?

Median Sold Price

$900,000

$342/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$220,000(+32.4%)

Key Takeaway

Homes in Village of the Branch have sold for 32.4% more than they did a month ago.

Summary: The median home sold price in Village of the Branch was $900,000 in September 2024, up 32.4% from last month, and the median price per square foot was $342.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 $600K-
N/A
4 $737.5K$900K
+22.0%
5+ --
N/A

Summary: Village of the Branch housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 22%, and 5+ bedroom homes did not change.

Housing Supply in Village of the Branch, NY

How many homes are available in Village of the Branch, NY?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
63-50.0%

Summary: The Village of the Branch real estate market had 3 homes for sale in September 2024, a 50.0% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 10
-100.0%
4 53
-40.0%
5+ 00
0.0%

Summary: The Village of the Branch housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
330.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Village of the Branch, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Village of the Branch in September 2024, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Village of the Branch, NY

How long does it take to sell a home in Village of the Branch, NY?

Average Sale Time

Aug 2024Sep 2024CHANGE
35 Days46 Days+33.3%

Summary: Homes in Village of the Branch had an average of 46 days on market in Sep 2024, up by 33.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were 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 Village of the Branch has remained consistent over time.

Summary: During September 2024, 3 homes were sold in Village of the Branch; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% 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 30 Days Ago

Newest Listings in Village of the Branch, NY

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What housing markets are near Village of the Branch, NY?