Is Beacon, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Beacon was a Buyer's Market.
Housing Prices in Beacon, NY
How much do homes in Beacon, NY cost?
Median Sold Price
$500,000
$320/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Beacon was $500,000 in April 2024, up 7.5% from last year, and the median price per square foot was $320.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $346.7K | $342.5K | -1.2% |
2 Bedrooms | $410K | $389K | -5.1% |
3 Bedrooms | $427.5K | $500K | +17.0% |
4 Bedrooms | $620K | $639K | +3.1% |
5+ Bedrooms | $750K | $650K | -13.3% |
Summary: Beacon housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.2%, 2 bedroom homes decreased by 5.1%, 3 bedroom homes increased by 17%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 13.3%.
Housing Supply in Beacon, NY
How many homes are available in Beacon, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
58 | 74 | +27.6% |
Summary: The Beacon real estate market had 74 homes for sale in April 2024, a 27.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 13 | 14 | +7.7% |
3 Bedrooms | 36 | 44 | +22.2% |
4 Bedrooms | 3 | 6 | +100.0% |
5+ Bedrooms | 3 | 7 | +133.3% |
Summary: The Beacon 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 7.7%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 133.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 11 | +83.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Beacon in April 2024, up by 83.3% month-over-month. Of the 11 sold homes, 55% were sold under asking, 27% were sold at asking, and 18% were sold over asking.
Days on Market for Beacon, NY
How long does it take to sell a home in Beacon, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
40 Days | 58 Days | +45.9% |
Summary: Homes in Beacon had an average of 58 days on market in Apr 2024, up by 45.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Beacon; 45% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.