$8,906 Closing Credit¹
Listing Office: eRealty Advisors, Inc
South Blooming Grove Housing Market Report December 2024•Orange County, New York
Housing Prices in South Blooming Grove, NY
How much do homes in South Blooming Grove, NY cost?
Housing Market Conditions
Is South Blooming Grove, NY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
South Blooming Grove is a Seller's Market
Difference Since December 2023
Since last year, South Blooming Grove has remained a Seller's Market.
Insight
South Blooming Grove is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$680,000$366/SqFt
+$60,000
+9.7%
Based on all homes sold in the last 12 months
Insight
Homes in South Blooming Grove have sold for 9.7% more than they did a year ago.
Summary: The median home sold price in South Blooming Grove was $680,000 in December 2024, up 9.7% from last year, and the median price per square foot was $366.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| South Blooming Grove | $620K | $680K | +9.7% |
| Blooming Grove | $458.1K | $470K | +2.6% |
| Highland Mills | $492.5K | $495K | 0.5% |
| Woodbury | $670K | $609K | -9.1% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $197K | $185K | -6.1% |
| 22 Bedrooms | $242.5K | $238.9K | -1.5% |
| 33 Bedrooms | $620K | $705K | +13.7% |
| 44 Bedrooms | $742.5K | $750K | +1.0% |
| 55+ Bedrooms | $950K | $867.1K | -8.7% |
Summary: South Blooming Grove housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -6.1%. The home price for 2 bedroom homes decreased by -1.5%. The home price for 3 bedroom homes increased by +13.7%. The home price for 4 bedroom homes increased by +1.0%. The home price for 5 bedroom homes decreased by -8.7%.
Housing supply in South Blooming Grove, NY
How many homes are available in South Blooming Grove, NY?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 17Last MonthDec 2024 | ||
| 212 months agoNov 2024 | -19.0 % Change MoMNov – Dec |
Summary: The South Blooming Grove real estate market had 17 homes for sale in Dec 2024, a 19.0 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 3Last MonthDec 2024 | ||
| 62 months agoNov 2024 | -50.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 2 | 0 | -100.0% |
| 22 Bedrooms | 3 | 5 | +66.7% |
| 33 Bedrooms | 7 | 6 | -14.3% |
| 44 Bedrooms | 5 | 3 | -40.0% |
| 55+ Bedrooms | 4 | 3 | -25.0% |
Summary: South Blooming Grove housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes increased by +66.7%. The inventory for 3 bedroom homes decreased by -14.3%. The inventory for 4 bedroom homes decreased by -40.0%. The inventory for 5 bedroom homes decreased by -25.0%.
Asking Price vs. Sold Price
How much do homes in South Blooming Grove, NY cost?
Over Asking Price1 Home
At Asking Price0 Home
Under Asking Price2 Homes
Insight
If you're buying a home in South Blooming Grove, 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 South Blooming Grove in December 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and and 33% were sold over asking.
Days on Market for South Blooming Grove, NY
How long does it take to sell a home in South Blooming Grove, NY?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days1 Home
Over 90 Days2 Homes
Insight
Most homes in South Blooming Grove are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 3 homes were sold in South Blooming Grove; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 152 DaysThis YearDec 2024 | ||
| 101 Days1 year agoDec 2023 | +49.6 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in South Blooming Grove had an average listing age of 152 days in Dec 2024, up by 49.6% compared to the previous year.
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Newest Listings in South Blooming Grove, NY
What homes are available in South Blooming Grove, NY?
$10,000 Closing Credit¹
Listing Office: Ellis Sothebys Intl Realty
$2,850 Closing Credit¹
Listing Office: Keller Williams Hudson Valley
$8,430 Closing Credit¹
Listing Office: Reliable Realty Group
$3,444 Closing Credit¹
Listing Office: Sage Realty Center LLC
$9,261 Closing Credit¹
Listing Office: Master Realty Group Inc.
$8,894 Closing Credit¹
Listing Office: eRealty Advisors, Inc
Listing Office: Exit Realty Venture
$9,488 Closing Credit¹
Listing Office: Blooming Realty
$9,488 Closing Credit¹
Listing Office: Realty Blue Corp
$10,000 Closing Credit¹
Listing Office: Blooming Realty
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MLS Disclaimers and Copyright
Based on information from OneKey MLS, for the period 01/01/2023 - 01/01/2025
Listings courtesy of OneKey MLS as distributed by MLS GRID.All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
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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: 1/29/2025, 4:11:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.