#826239, Listing Office: Howard Hanna Rand Realty
Ramapo Housing Market Report January 2025•Rockland County, New York
Housing Prices in Ramapo, NY
How much do homes in Ramapo, NY cost?
Housing Market Conditions
Is Ramapo, NY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Ramapo is a Seller's Market
Difference Since January 2024
Since last year, Ramapo has remained a Seller's Market.
Ramapo is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Ramapo have sold for 15.1% more than they did a year ago.
Summary: The median home sold price in Ramapo was $775,560 in January 2025, up 15.1% from last year, and the median price per square foot was $368.
Median Sold Price By Cities
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Ramapo | $673.7K | $775.5K | +15.1% |
Montebello | $845K | $915K | +8.3% |
Monsey | $874.2K | $907.5K | +3.8% |
Airmont | $805K | $822.5K | +2.2% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $130K | $160K | +23.1% |
22 Bedrooms | $355K | $397.5K | +12.0% |
33 Bedrooms | $580K | $622.5K | +7.3% |
44 Bedrooms | $765K | $840K | +9.8% |
55+ Bedrooms | $1.1M | $1.1M | 0.0% |
Summary: Ramapo housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +23.1%. The home price for 2 bedroom homes increased by +12.0%. The home price for 3 bedroom homes increased by +7.3%. The home price for 4 bedroom homes increased by +9.8%. The home price for 5 bedroom homes did not change.
Housing supply in Ramapo, NY
How many homes are available in Ramapo, NY?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
283Last MonthJan 2025 | ||
3172 months agoDec 2024 | -10.7 % Change MoMDec – Jan |
Summary: The Ramapo real estate market had 283 homes for sale in Jan 2025, a 10.7 % decrease compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
53Last MonthJan 2025 | ||
682 months agoDec 2024 | -22.1 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 33 | 28 | -15.2% |
22 Bedrooms | 46 | 32 | -30.4% |
33 Bedrooms | 56 | 53 | -5.4% |
44 Bedrooms | 81 | 66 | -18.5% |
55+ Bedrooms | 101 | 104 | +3.0% |
Summary: Ramapo housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -15.2%. The inventory for 2 bedroom homes decreased by -30.4%. The inventory for 3 bedroom homes decreased by -5.4%. The inventory for 4 bedroom homes decreased by -18.5%. The inventory for 5 bedroom homes increased by +3.0%.
Asking Price vs. Sold Price
How much do homes in Ramapo, NY cost?
Over Asking Price20 Homes
At Asking Price11 Homes
Under Asking Price22 Homes
If you're buying a home in Ramapo, you may be able to get a good deal. 41.5% of homes here sold below asking price last month.
Summary: A total of 53 homes were sold or pending in Ramapo in January 2025, down by 22.1% month-over-month. Of the 53 sold homes, 42% were sold under asking, 21% were sold at asking, and and 38% were sold over asking.
Days on Market for Ramapo, NY
How long does it take to sell a home in Ramapo, NY?
Breakdown of Home Sale Times
Under 30 Days28 Homes
30 – 90 Days10 Homes
Over 90 Days15 Homes
Many homes in Ramapo are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 53 homes were sold in Ramapo; 53% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
64 DaysThis YearJan 2025 | ||
44 Days1 year agoJan 2024 | +45.3 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Ramapo had an average listing age of 64 days in Jan 2025, up by 45.3% compared to the previous year.
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Newest Listings in Ramapo, NY
What homes are available in Ramapo, NY?
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Based on information from OneKey MLS, Brooklyn MLS, and New Jersey MLS for the period 02/01/2023 - 02/01/2025
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Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 2/21/2025, 10:56:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 2/22/2025, 1:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2025 New Jersey Multiple Listing Service, Inc. All rights reserved.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 1:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.