Is Highland Mills, 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, Highland Mills was a Seller's Market.
Housing Prices in Highland Mills, NY
How much do homes in Highland Mills, NY cost?
Median Sold Price
$500,000
$266/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Highland Mills was $500,000 in May 2024, up 8.7% from last year, and the median price per square foot was $266.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $269.7K | $332.5K | +23.3% |
3 Bedrooms | $362.5K | $430.5K | +18.8% |
4 Bedrooms | $639.2K | $580K | -9.3% |
5+ Bedrooms | $550K | $730K | +32.7% |
Summary: Highland Mills 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 23.3%, 3 bedroom homes increased by 18.8%, 4 bedroom homes decreased by 9.3%, and 5+ bedroom homes increased by 32.7%.
Median Sold Price Compared To Nearby Cities
Woodbury | $631.5K | $694.7K | +10.0% |
Blooming Grove | $435K | $475K | +9.2% |
Highland Mills | $460K | $500K | +8.7% |
Housing Supply in Highland Mills, NY
How many homes are available in Highland Mills, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
49 | 60 | +22.4% |
Summary: The Highland Mills real estate market had 60 homes for sale in May 2024, a 22.4% 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 | 9 | 10 | +11.1% |
3 Bedrooms | 20 | 25 | +25.0% |
4 Bedrooms | 15 | 20 | +33.3% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Highland Mills 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 11.1%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 6 | +20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Highland Mills in May 2024, up by 20.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for Highland Mills, NY
How long does it take to sell a home in Highland Mills, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
47 Days | 67 Days | +41.8% |
Summary: Homes in Highland Mills had an average of 67 days on market in May 2024, up by 41.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Highland Mills; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.