Sullivan County Housing Market Report December 2024Sullivan County, New York

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Housing Prices in Sullivan County, NY

How much do homes in Sullivan County, NY cost?

Housing Market Conditions

Is Sullivan County, NY a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Sullivan County is a Neutral Market

Difference Since December 2023

Since last year, Sullivan County has remained a Neutral Market.

Insight

Sullivan County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$319,342$209/SqFt
+$44,342
+16.1%

Based on all homes sold in the last 12 months

Insight

Homes in Sullivan County have sold for 16.1% more than they did a year ago.

Summary: The median home sold price in Sullivan County was $319,342 in December 2024, up 16.1% from last year, and the median price per square foot was $209.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Sullivan County
+16.1%
Ulster County
+9.2%
Orange County
+6.3%
Wayne County
+1.4%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1$152.7K$170K
+11.3%
2$196.3K$250K
+27.3%
3$299.9K$320K
+6.7%
4$350K$410K
+17.1%
5$330K$454K
+37.6%

Summary: Sullivan County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +11.3%. The home price for 2 bedroom homes increased by +27.3%. The home price for 3 bedroom homes increased by +6.7%. The home price for 4 bedroom homes increased by +17.1%. The home price for 5 bedroom homes increased by +37.6%.

Housing supply in Sullivan County, NY

How many homes are available in Sullivan County, NY?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
581Last MonthDec 2024
6662 months agoNov 2024
-12.8 %
Change MoMNov – Dec

Summary: The Sullivan County real estate market had 581 homes for sale in Dec 2024, a 12.8 % decrease compared to Nov 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
87Last MonthDec 2024
752 months agoNov 2024
+16.0 %
Change MoMNov – Dec

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
11617
+6.3%
2120107
-10.8%
3288247
-14.2%
4153130
-15.0%
58980
-10.1%

Summary: Sullivan County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +6.3%. The inventory for 2 bedroom homes decreased by -10.8%. The inventory for 3 bedroom homes decreased by -14.2%. The inventory for 4 bedroom homes decreased by -15.0%. The inventory for 5 bedroom homes decreased by -10.1%.

Asking Price vs. Sold Price

How much do homes in Sullivan County, NY cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price19 Homes

At Asking Price17 Homes

Under Asking Price51 Homes

Insight

If you're buying a home in Sullivan County, you may be able to get a good deal. 58.6% of homes here sold below asking price last month.

Summary: A total of 87 homes were sold or pending in Sullivan County in December 2024, up by 16.0% month-over-month. Of the 87 sold homes, 59% were sold under asking, 20% were sold at asking, and and 22% were sold over asking.

Days on Market for Sullivan County, NY

How long does it take to sell a home in Sullivan County, NY?

Breakdown of Home Sale Times

Under 30 Days18 Homes

30 – 90 Days36 Homes

Over 90 Days27 Homes

Insight

Avg time on Rocket Homes in Sullivan County has remained consistent over time.

Summary: During December 2024, 87 homes were sold in Sullivan County; 21% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
83 DaysThis YearDec 2024
102 Days1 year agoDec 2023
-18.5 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Sullivan County had an average listing age of 83 days in Dec 2024, down by 18.5% compared to the previous year.

Newest Listings in Sullivan County, NY

What homes are available in Sullivan County, NY?

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Based on information from OneKey MLS, Hudson Valley Catskill Region MLS, New York State Alliance of MLS, Brooklyn MLS, and Northeast Georgia MLS for the period 01/01/2023 - 01/01/2025

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Last updated on: 1/17/2025, 10:11:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Copyright © 2025 Hudson Valley Catskill Region MLS. All rights reserved. Real estate listings of brokerage firms other than Hudson Valley Catskill Region MLS are marked with the IDX logo and the detailed information about them includes the listing broker's name. This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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: 1/17/2025, 10:16:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXThe data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
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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: 1/17/2025, 10:20:54 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: 1/17/2025, 10:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Northeast Georgia Board of REALTORS ® Multiple Listing Service. © Copyright 2025. All rights reserved. This information is being provided for the consumers' personal, use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information is updated daily; however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
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Last updated on: 1/17/2025, 10:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.