Is Piermont, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Piermont has remained a Buyer's Market.
Housing Prices in Piermont, NY
How much do homes in Piermont, NY cost?
Median Sold Price
$662,500
$393/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Piermont was $662,500 in April 2024, up 36.6% from last year, and the median price per square foot was $393.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $245K | $330.4K | +34.9% |
2 Bedrooms | $315K | $615K | +95.2% |
3 Bedrooms | $738.7K | $830K | +12.4% |
4 Bedrooms | $871.2K | $650K | -25.4% |
5+ Bedrooms | $862.5K | $940K | +9.0% |
Summary: Piermont housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.9%, 2 bedroom homes increased by 95.2%, 3 bedroom homes increased by 12.4%, 4 bedroom homes decreased by 25.4%, and 5+ bedroom homes increased by 9%.
Median Sold Price Compared To Nearby Cities
Piermont | $485K | $662.5K | +36.6% |
Orangeburg | $579K | $608.7K | +5.1% |
Housing Supply in Piermont, NY
How many homes are available in Piermont, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 22 | -4.3% |
Summary: The Piermont real estate market had 22 homes for sale in April 2024, a 4.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 6 | 5 | -16.7% |
3 Bedrooms | 9 | 9 | 0.0% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Piermont housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Piermont in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Piermont, NY
How long does it take to sell a home in Piermont, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
134 Days | 201 Days | +50.0% |
Summary: Homes in Piermont had an average of 201 days on market in Apr 2024, up by 50% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Piermont; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.