Is Blooming Grove, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Blooming Grove was a Seller's Market.
Key Takeaway
Blooming Grove is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Blooming Grove, NY
How much do homes in Blooming Grove, NY cost?
Median Sold Price
$467,500
$239/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Blooming Grove have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in Blooming Grove was $467,500 in April 2024, up 6.6% from last year, and the median price per square foot was $239.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $162K | $195K | +20.4% |
| 2 Bedrooms | $237.5K | $242.5K | +2.1% |
| 3 Bedrooms | $410.5K | $456.2K | +11.1% |
| 4 Bedrooms | $543.7K | $574K | +5.6% |
| 5+ Bedrooms | $605K | $720K | +19.0% |
Summary: Blooming Grove housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.4%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 19%.
Median Sold Price Compared To Nearby Cities
| Highland Mills | $460K | $500K | +8.7% |
| Washingtonville | $451.5K | $490K | +8.5% |
| Blooming Grove | $438.6K | $467.5K | +6.6% |
Housing Supply in Blooming Grove, NY
How many homes are available in Blooming Grove, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 109 | 120 | +10.1% |
Summary: The Blooming Grove real estate market had 120 homes for sale in April 2024, a 10.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 9 | -10.0% |
| 2 Bedrooms | 20 | 19 | -5.0% |
| 3 Bedrooms | 43 | 45 | +4.7% |
| 4 Bedrooms | 29 | 38 | +31.0% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Blooming Grove housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 10%, 2 bedroom homes decreased by 5%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 31%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 18 | 17 | -5.6% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Blooming Grove, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Blooming Grove in April 2024, down by 5.6% month-over-month. Of the 17 sold homes, 53% were sold under asking, 24% were sold at asking, and 24% were sold over asking.
Days on Market for Blooming Grove, NY
How long does it take to sell a home in Blooming Grove, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 38 Days | 62 Days | +62.9% |
Summary: Homes in Blooming Grove had an average of 62 days on market in Apr 2024, up by 62.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Blooming Grove has remained consistent over time.
Summary: During April 2024, 17 homes were sold in Blooming Grove; 24% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 29% 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. 
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.