Is Beekman, 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, Beekman was a Neutral Market.
Key Takeaway
Beekman is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Beekman, NY
How much do homes in Beekman, NY cost?
Median Sold Price
$449,000
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Beekman have sold for 10.9% more than they did a year ago.
Summary: The median home sold price in Beekman was $449,000 in May 2024, up 10.9% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $50K | $76K | +52.0% |
| 2 Bedrooms | $250K | $300K | +20.0% |
| 3 Bedrooms | $367.5K | $445K | +21.1% |
| 4 Bedrooms | $575K | $565K | -1.7% |
| 5+ Bedrooms | $1.8M | $562.5K | -69.6% |
Summary: Beekman housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 52%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 21.1%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 69.6%.
Median Sold Price Compared To Nearby Cities
| Stormville | $493.8K | $590K | +19.5% |
| Hopewell Junction | $468.2K | $540K | +15.3% |
| Beekman | $405K | $449K | +10.9% |
| Holmes | $433.5K | $474K | +9.3% |
| Poughquag | $507.5K | $475K | -6.4% |
Housing Supply in Beekman, NY
How many homes are available in Beekman, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 57 | 59 | +3.5% |
Summary: The Beekman real estate market had 59 homes for sale in May 2024, a 3.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 4 | +100.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 23 | 23 | 0.0% |
| 4 Bedrooms | 18 | 19 | +5.6% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Beekman housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 17 | +112.5% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Beekman, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Beekman in May 2024, up by 112.5% month-over-month. Of the 17 sold homes, 53% were sold under asking, 6% were sold at asking, and 41% were sold over asking.
Days on Market for Beekman, NY
How long does it take to sell a home in Beekman, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 81 Days | 59 Days | -27.4% |
Summary: Homes in Beekman had an average of 59 days on market in May 2024, down by 27.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Beekman are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 17 homes were sold in Beekman; 47% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.