Is Nanuet, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Nanuet was a Seller's Market.
Housing Prices in Nanuet, NY
How much do homes in Nanuet, NY cost?
Median Sold Price
$548,000
$317/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Nanuet was $548,000 in May 2024, up 3.9% from last year, and the median price per square foot was $317.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $255K | $314.5K | +23.3% |
2 Bedrooms | $405K | $451K | +11.4% |
3 Bedrooms | $520K | $542.5K | +4.3% |
4 Bedrooms | $622.5K | $692K | +11.2% |
5+ Bedrooms | $675K | $749K | +11.0% |
Summary: Nanuet housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.3%, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes increased by 11%.
Median Sold Price Compared To Nearby Cities
Chestnut Ridge | $739K | $792.5K | +7.2% |
Clarkstown | $600K | $637.2K | +6.2% |
West Nyack | $651K | $678K | +4.1% |
Nanuet | $527.6K | $548K | +3.9% |
Spring Valley | $680K | $700K | +2.9% |
Housing Supply in Nanuet, NY
How many homes are available in Nanuet, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
63 | 77 | +22.2% |
Summary: The Nanuet real estate market had 77 homes for sale in May 2024, a 22.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 11 | +175.0% |
2 Bedrooms | 17 | 22 | +29.4% |
3 Bedrooms | 13 | 13 | 0.0% |
4 Bedrooms | 23 | 22 | -4.3% |
5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Nanuet housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 175%, 2 bedroom homes increased by 29.4%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 10 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Nanuet in May 2024, the same as the previous month. Of the 10 sold homes, 30% were sold under asking, 10% were sold at asking, and 60% were sold over asking.
Days on Market for Nanuet, NY
How long does it take to sell a home in Nanuet, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
25 Days | 29 Days | +15.2% |
Summary: Homes in Nanuet had an average of 29 days on market in May 2024, up by 15.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in Nanuet; 70% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.