Is Highland Mills, 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, Highland Mills has remained a Buyer's Market.
Key Takeaway
Highland Mills is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Highland Mills, NY
How much do homes in Highland Mills, NY cost?
Median Sold Price
$500,000
$264/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Highland Mills have sold for 8.7% more than they did a year ago.
Summary: The median home sold price in Highland Mills was $500,000 in April 2024, up 8.7% from last year, and the median price per square foot was $264.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $269.7K | $332.5K | +23.3% |
| 3 Bedrooms | $360K | $430.5K | +19.6% |
| 4 Bedrooms | $639.2K | $580K | -9.3% |
| 5+ Bedrooms | $550K | $730K | +32.7% |
Summary: Highland Mills 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 23.3%, 3 bedroom homes increased by 19.6%, 4 bedroom homes decreased by 9.3%, and 5+ bedroom homes increased by 32.7%.
Median Sold Price Compared To Nearby Cities
| Highland Mills | $460K | $500K | +8.7% |
| Blooming Grove | $438.6K | $467.5K | +6.6% |
| Woodbury | $645K | $680K | +5.4% |
Housing Supply in Highland Mills, NY
How many homes are available in Highland Mills, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 41 | 52 | +26.8% |
Summary: The Highland Mills real estate market had 52 homes for sale in April 2024, a 26.8% 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 | 7 | 10 | +42.9% |
| 3 Bedrooms | 16 | 21 | +31.3% |
| 4 Bedrooms | 13 | 16 | +23.1% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Highland Mills 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 42.9%, 3 bedroom homes increased by 31.3%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Highland Mills, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Highland Mills in April 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Highland Mills, NY
How long does it take to sell a home in Highland Mills, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 46 Days | 91 Days | +99.1% |
Summary: Homes in Highland Mills had an average of 91 days on market in Apr 2024, up by 99.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Highland Mills has remained consistent over time.
Summary: During April 2024, 5 homes were sold in Highland Mills; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% 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.