Is Airmont, 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, Airmont was a Seller's Market.
Housing Prices in Airmont, NY
How much do homes in Airmont, NY cost?
Median Sold Price
$818,000
$374/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Airmont was $818,000 in May 2024, up 10.5% from last year, and the median price per square foot was $374.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $440K | $450K | +2.3% |
3 Bedrooms | $663.5K | $670K | +1.0% |
4 Bedrooms | $737.5K | $819K | +11.1% |
5+ Bedrooms | $870K | $1.1M | +27.0% |
Summary: Airmont housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 27%.
Median Sold Price Compared To Nearby Cities
Airmont | $740K | $818K | +10.5% |
Monsey | $820K | $892K | +8.8% |
Ramapo | $658.5K | $705.9K | +7.2% |
Chestnut Ridge | $739K | $792.5K | +7.2% |
Montebello | $860K | $855K | -0.6% |
Housing Supply in Airmont, NY
How many homes are available in Airmont, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
50 | 53 | +6.0% |
Summary: The Airmont real estate market had 53 homes for sale in May 2024, a 6.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 8 | 10 | +25.0% |
4 Bedrooms | 27 | 28 | +3.7% |
5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The Airmont housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 7 | +40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Airmont in May 2024, up by 40.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 0% were sold at asking, and 57% were sold over asking.
Days on Market for Airmont, NY
How long does it take to sell a home in Airmont, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
23 Days | 50 Days | +116.0% |
Summary: Homes in Airmont had an average of 50 days on market in May 2024, up by 116% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in Airmont; 29% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.