Is Rhinebeck, 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, Rhinebeck was a Seller's Market.
Housing Prices in Rhinebeck, NY
How much do homes in Rhinebeck, NY cost?
Median Sold Price
$600,000
$346/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Rhinebeck was $600,000 in April 2024, down 7.7% from last year, and the median price per square foot was $346.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $391.5K | $485K | +23.9% |
2 Bedrooms | $545K | $560K | +2.8% |
3 Bedrooms | $715.6K | $625K | -12.7% |
4 Bedrooms | $830.7K | $670K | -19.4% |
5+ Bedrooms | $2.9M | $1.1M | -63.3% |
Summary: Rhinebeck housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.9%, 2 bedroom homes increased by 2.8%, 3 bedroom homes decreased by 12.7%, 4 bedroom homes decreased by 19.4%, and 5+ bedroom homes decreased by 63.3%.
Housing Supply in Rhinebeck, NY
How many homes are available in Rhinebeck, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
39 | 34 | -12.8% |
Summary: The Rhinebeck real estate market had 34 homes for sale in April 2024, a 12.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 5 | 4 | -20.0% |
3 Bedrooms | 19 | 13 | -31.6% |
4 Bedrooms | 9 | 12 | +33.3% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Rhinebeck 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 decreased by 20%, 3 bedroom homes decreased by 31.6%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 1 | -88.9% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Rhinebeck in April 2024, down by 88.9% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Rhinebeck, NY
How long does it take to sell a home in Rhinebeck, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
152 Days | 13 Days | -91.5% |
Summary: Homes in Rhinebeck had an average of 13 days on market in Apr 2024, down by 91.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Rhinebeck; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.