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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Westtown is a buyer's market

Buyer's
Market

Difference Since February 2022

At the same time last year, Westtown was a Seller's Market.

Key Takeaway

Westtown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Westtown, NY cost?

Median Sold Price

$487,000

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$48,550(+11.1%)

Key Takeaway

Homes in Westtown have sold for 11.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 -$300K
N/A
2 $270K$285K
+5.6%
3 $400K$385K
-3.8%
4 $475K$559.5K
+17.8%
5+ $420K$510K
+21.4%

Median Sold Price Compared To Nearby Cities

Westtown
+11.1%
Minisink
+10.9%

How many homes are available in Westtown, NY?

Number of Homes For Sale

Jan 2023Feb 2023%
1517+13.3%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 00
0.0%
2 22
0.0%
3 35
+66.7%
4 77
0.0%
5+ 33
0.0%

Number of Homes Sold

Jan 2023Feb 2023%
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Westtown, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
23 Days43 Days+85.9%

Breakdown of Home Sale Times

1 Home Was 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 Westtown 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 Westtown, NY

Westtown, NY has 17 homes on the market. The number of homes for sale in Westtown, NY increased by 13.3% between January 2023 and February 2023. In February 2023, listings were on the market for 43 days. During the same period, the median list price in this real estate market was $487,000. Listing prices have changed in this real estate market between January 2023 and February 2023: 1 bedroom properties became 0% more expensive, 2 bedrooms properties prices increased by 5.6%, prices of 3 bedrooms properties decreased by 3.8%, 4 bedrooms properties prices increased by 17.8%, 5 bedrooms properties prices increased by 21.4%. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory did not change, the quantity of 3 bedrooms homes went up by 66.7%, number of 4 bedrooms homes remained the same, number of 5 bedrooms homes remained the same. In February 2023, from all listings sold in Westtown, NY there were more than 0 sold above asking price, over 2 sold below and more than 0 were sold right at the asked price.

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