Is Sullivan County, 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, Sullivan County was a Seller's Market.
Housing Prices in Sullivan County, NY
How much do homes in Sullivan County, NY cost?
Median Sold Price
$290,000
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Sullivan County was $290,000 in April 2024, up 11% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $129.8K | $170K | +31.0% |
2 Bedrooms | $182K | $210K | +15.4% |
3 Bedrooms | $277.4K | $311.8K | +12.4% |
4 Bedrooms | $372K | $351.4K | -5.5% |
5+ Bedrooms | $310K | $370K | +19.4% |
Summary: Sullivan County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31%, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 12.4%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes increased by 19.4%.
Median Sold Price Compared To Nearby Counties
Ulster County | $372.1K | $413.4K | +11.1% |
Sullivan County | $261.1K | $290K | +11.0% |
Orange County | $381.7K | $414.4K | +8.6% |
Housing Supply in Sullivan County, NY
How many homes are available in Sullivan County, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
496 | 543 | +9.5% |
Summary: The Sullivan County real estate market had 543 homes for sale in April 2024, a 9.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 12 | 18 | +50.0% |
2 Bedrooms | 93 | 106 | +14.0% |
3 Bedrooms | 221 | 232 | +5.0% |
4 Bedrooms | 97 | 109 | +12.4% |
5+ Bedrooms | 73 | 78 | +6.8% |
Summary: The Sullivan County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 14%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes increased by 6.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
62 | 49 | -21.0% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 49 homes were sold or pending in Sullivan County in April 2024, down by 21.0% month-over-month. Of the 49 sold homes, 57% were sold under asking, 18% were sold at asking, and 24% were sold over asking.
Days on Market for Sullivan County, NY
How long does it take to sell a home in Sullivan County, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
90 Days | 79 Days | -11.4% |
Summary: Homes in Sullivan County had an average of 79 days on market in Apr 2024, down by 11.4% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
18 Homes Were Sold
Over 90 Days
Summary: During April 2024, 49 homes were sold in Sullivan County; 31% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 37% of homes were sold over 90 days.