Is Pawling, 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, Pawling was a Buyer's Market.
Housing Prices in Pawling, NY
How much do homes in Pawling, NY cost?
Median Sold Price
$505,000
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Pawling was $505,000 in May 2024, up 17.4% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $405K | - | N/A |
2 Bedrooms | $342.5K | $331.5K | -3.2% |
3 Bedrooms | $432K | $445K | +3.0% |
4 Bedrooms | $650K | $565K | -13.1% |
5+ Bedrooms | $565K | $638.7K | +13.1% |
Summary: Pawling 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 decreased by 3.2%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 13.1%, and 5+ bedroom homes increased by 13.1%.
Housing Supply in Pawling, NY
How many homes are available in Pawling, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
38 | 37 | -2.6% |
Summary: The Pawling real estate market had 37 homes for sale in May 2024, a 2.6% decrease 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 | 5 | +66.7% |
3 Bedrooms | 18 | 15 | -16.7% |
4 Bedrooms | 9 | 10 | +11.1% |
5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Pawling 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 66.7%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 9 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Pawling in May 2024, the same as the previous month. Of the 9 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% were sold over asking.
Days on Market for Pawling, NY
How long does it take to sell a home in Pawling, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
18 Days | 73 Days | +307.6% |
Summary: Homes in Pawling had an average of 73 days on market in May 2024, up by 307.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 9 homes were sold in Pawling; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.