Explore New York Mills, NY - Market Insights, Demographics, Crime, Trends & Hotspots
Market Insights
The present housing market in New York Mills is down with high active listings and low sales volume. Home prices have decreased 24.2% in the past month. With 3 active listings, inventory is 200% higher than seasonal norms. Properties are selling within just 7 days on average, much faster than the historical norm of 55 days. A significant 33.3% of listings experienced price reductions, indicating sellers may be adjusting to market realities. The majority of homes (100.0%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the New York Mills market with the affordability index at 297.8. Based on current market indicators, home prices in New York Mills are projected to increase by approximately 4.2% over the next month.
Demographics market for - New York Mills, NY
Total Population -
2,946
White Population
96.10%
Black Population
0.78%
Crime for - New York Mills, NY
No Data
Real Estate Market Prediction for - New York Mills, NY
City Hotspots
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