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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Warwick is a seller's market

Buyer's
Market

Difference Since October 2021

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

Key Takeaway

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

How much do homes in Warwick, NY cost?

Median Sold Price

$392,000

$251/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$15,000(+4.0%)

Key Takeaway

Homes in Warwick have sold for 4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $210K$233.5K
+11.2%
2 $300K$300.5K
0.2%
3 $380K$426.5K
+12.2%
4 $470K$475K
+1.1%
5+ $469.9K$541.4K
+15.2%

How many homes are available in Warwick, NY?

Number of Homes For Sale

Sep 2022Oct 2022%
3332-3.0%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 11
0.0%
2 912
+33.3%
3 1512
-20.0%
4 76
-14.3%
5+ 11
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
126-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Warwick, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Average Sale Time

Oct 2021Oct 2022%
83 Days18 Days-78.5%

Breakdown of Home Sale Times

5 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

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

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

About Warwick, NY

Homes for sale in Warwick, NY have reached 32. The number of homes for sale in Warwick, NY decreased by 3% between September 2022 and October 2022. Listings spent 18 days on the market in October 2022, and had a median list price of $392,000 during the same period. Real estate listing prices changed between September 2022 and October 2022: 1 bedroom properties prices increased by 11.2%, 2 bedrooms properties prices increased by 0.2%, 3 bedrooms properties became 12.2% more expensive, 4 bedrooms properties prices increased by 1.1%, 5 bedrooms properties became 15.2% more expensive. This housing market inventory have changed: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes increased by 33.3%, the quantity of 3 bedrooms homes went down by 20%, the quantity of 4 bedrooms homes went down by 14.3%, number of 5 bedrooms homes remained the same. While more than 2 listings in Warwick, NY in October 2022 were sold above asking price, there were more than 3 listings sold at asking price, and more than 1 were sold below.