Is Arcadia, 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, Arcadia has remained a Seller's Market.
Housing Prices in Arcadia, NY
How much do homes in Arcadia, NY cost?
Median Sold Price
$170,000
$114/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Arcadia was $170,000 in April 2024, up 10.8% from last year, and the median price per square foot was $114.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $48.5K | $25K | -48.5% |
2 Bedrooms | $110K | $164.9K | +49.9% |
3 Bedrooms | $157.5K | $169.5K | +7.6% |
4 Bedrooms | $201K | $172.5K | -14.2% |
5+ Bedrooms | $235K | $195.9K | -16.6% |
Summary: Arcadia housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 48.5%, 2 bedroom homes increased by 49.9%, 3 bedroom homes increased by 7.6%, 4 bedroom homes decreased by 14.2%, and 5+ bedroom homes decreased by 16.6%.
Median Sold Price Compared To Nearby Cities
Newark | $155K | $172.5K | +11.3% |
Arcadia | $153.4K | $170K | +10.8% |
Housing Supply in Arcadia, NY
How many homes are available in Arcadia, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 23 | +21.1% |
Summary: The Arcadia real estate market had 23 homes for sale in April 2024, a 21.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 9 | 9 | 0.0% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 1 | 4 | +300.0% |
Summary: The Arcadia housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 300%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 4 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Arcadia in April 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Arcadia, NY
How long does it take to sell a home in Arcadia, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
25 Days | 40 Days | +57.8% |
Summary: Homes in Arcadia had an average of 40 days on market in Apr 2024, up by 57.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Arcadia; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.