Is Eden, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Eden was a Buyer's Market.
Key Takeaway
Eden is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Eden, NY
How much do homes in Eden, NY cost?
Median Sold Price
$274,950
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Eden have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in Eden was $274,950 in May 2024, up 2.8% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $180K | $218.3K | +21.3% |
| 3 Bedrooms | $267.5K | $274.9K | +2.8% |
| 4 Bedrooms | $314K | $300K | -4.5% |
| 5+ Bedrooms | $402K | $365K | -9.2% |
Summary: Eden housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.3%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes decreased by 9.2%.
Median Sold Price Compared To Nearby Cities
| Lake View | $285K | $315K | +10.5% |
| Boston | $302.4K | $332.7K | +10.0% |
| Derby | $200.5K | $218K | +8.7% |
| Eden | $267.4K | $274.9K | +2.8% |
Housing Supply in Eden, NY
How many homes are available in Eden, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 18 | 18 | 0.0% |
Summary: The Eden real estate market had 18 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 12 | 14 | +16.7% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Eden housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Eden, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Eden in May 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Eden, NY
How long does it take to sell a home in Eden, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 31 Days | 150 Days | +384.9% |
Summary: Homes in Eden had an average of 150 days on market in May 2024, up by 384.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Eden are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 3 homes were sold in Eden; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
