Is Lewisboro, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Lewisboro has remained a Seller's Market.
Housing Prices in Lewisboro, NY
How much do homes in Lewisboro, NY cost?
Median Sold Price
$850,000
$337/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Lewisboro was $850,000 in May 2024, up 11.5% from last year, and the median price per square foot was $337.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $265K | $365K | +37.7% |
2 Bedrooms | $499K | $625K | +25.3% |
3 Bedrooms | $707K | $786.5K | +11.2% |
4 Bedrooms | $999.9K | $1.0M | +5.3% |
5+ Bedrooms | $1.9M | $1.5M | -23.7% |
Summary: Lewisboro housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 37.7%, 2 bedroom homes increased by 25.3%, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 23.7%.
Median Sold Price Compared To Nearby Cities
South Salem | $700K | $825K | +17.9% |
Lewisboro | $762.5K | $850K | +11.5% |
Housing Supply in Lewisboro, NY
How many homes are available in Lewisboro, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
66 | 68 | +3.0% |
Summary: The Lewisboro real estate market had 68 homes for sale in May 2024, a 3.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 7 | 5 | -28.6% |
3 Bedrooms | 19 | 18 | -5.3% |
4 Bedrooms | 22 | 29 | +31.8% |
5+ Bedrooms | 17 | 15 | -11.8% |
Summary: The Lewisboro 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 28.6%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 31.8%, and 5+ bedroom homes decreased by 11.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 13 | +8.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Lewisboro in May 2024, up by 8.3% month-over-month. Of the 13 sold homes, 38% were sold under asking, 23% were sold at asking, and 38% were sold over asking.
Days on Market for Lewisboro, NY
How long does it take to sell a home in Lewisboro, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
27 Days | 44 Days | +59.4% |
Summary: Homes in Lewisboro had an average of 44 days on market in May 2024, up by 59.4% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 13 homes were sold in Lewisboro; 69% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.