Is Kent, 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, Kent has remained a Seller's Market.
Housing Prices in Kent, NY
How much do homes in Kent, NY cost?
Median Sold Price
$400,000
$255/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Kent was $400,000 in April 2024, up 12.7% from last year, and the median price per square foot was $255.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $298.7K | $273.1K | -8.6% |
2 Bedrooms | $327K | $340.5K | +4.1% |
3 Bedrooms | $400K | $453K | +13.3% |
4 Bedrooms | $360K | $400K | +11.1% |
5+ Bedrooms | $549K | $688.8K | +25.5% |
Summary: Kent housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.6%, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 25.5%.
Median Sold Price Compared To Nearby Cities
Kent | $355K | $400K | +12.7% |
Stormville | $498.7K | $550K | +10.3% |
Carmel | $435K | $455K | +4.6% |
Putnam Valley | $455K | $464K | +2.0% |
Holmes | $460K | $440K | -4.3% |
Housing Supply in Kent, NY
How many homes are available in Kent, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
49 | 59 | +20.4% |
Summary: The Kent real estate market had 59 homes for sale in April 2024, a 20.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 24 | 27 | +12.5% |
3 Bedrooms | 16 | 18 | +12.5% |
4 Bedrooms | 5 | 8 | +60.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Kent housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 10 | +66.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Kent in April 2024, up by 66.7% month-over-month. Of the 10 sold homes, 60% were sold under asking, 10% were sold at asking, and 30% were sold over asking.
Days on Market for Kent, NY
How long does it take to sell a home in Kent, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
94 Days | 80 Days | -14.8% |
Summary: Homes in Kent had an average of 80 days on market in Apr 2024, down by 14.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Kent; 30% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.