Is Poughquag, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Poughquag is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Poughquag was a Seller's Market.

Key Takeaway

Poughquag is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Poughquag, NY

How much do homes in Poughquag, NY cost?

Median Sold Price

$461,950

$223/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$24,550(-5.0%)

Key Takeaway

Homes in Poughquag have sold for 5% less than they did a year ago.

Summary: The median home sold price in Poughquag was $461,950 in April 2024, down 5% from last year, and the median price per square foot was $223.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $182.5K-
N/A
2 $367K$390K
+6.3%
3 $428.5K$475K
+10.9%
4 $575K$567.5K
-1.3%
5+ $1.8M$449K
-75.7%

Summary: Poughquag housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 10.9%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 75.7%.

Median Sold Price Compared To Nearby Cities

Hopewell Junction
+18.0%
Lagrangeville
+13.5%
Beekman
+12.5%
Stormville
+10.3%
Poughquag
-5.0%

Housing Supply in Poughquag, NY

How many homes are available in Poughquag, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2938+31.0%

Summary: The Poughquag real estate market had 38 homes for sale in April 2024, a 31.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 1012
+20.0%
4 1418
+28.6%
5+ 24
+100.0%

Summary: The Poughquag 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 increased by 33.3%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Poughquag, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Poughquag in April 2024, up by 300.0% 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 Poughquag, NY

How long does it take to sell a home in Poughquag, NY?

Average Sale Time

Apr 2023Apr 2024CHANGE
66 Days69 Days+3.9%

Summary: Homes in Poughquag had an average of 69 days on market in Apr 2024, up by 3.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Poughquag has remained consistent over time.

Summary: During April 2024, 4 homes were sold in Poughquag; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in Poughquag, NY

Nearby Markets to Poughquag, NY

What housing markets are near Poughquag, NY?