STONY POINT, NY – The residential real estate market in Stony Point continues to show moderate growth, as evidenced by a rise in both active listings and sale prices over the past month.
According to data sourced from OneKey MLS, the number of active listings in the area increased by 7% from April to May, reaching a total of 153 properties. Meanwhile, the number of homes sold surged by 100%, totaling 10 homes sold during the period.
Median home prices in the area are still demonstrating an upward trend. The median asking price for active listings rose 4% month-over-month to $599,000, while the median sold price increased by 1% to $627,500. This represents a $28,500 gap between listing and selling prices, suggesting that sellers are generally achieving favorable returns in the current market.
Market activity also reflected a quicker turnover, with the average number of days to sell dropping by 22%, down to 135 days on average. This indicates increased buyer activity and perhaps stronger demand compared to previous months.
Among the current active listings, price points vary widely, reflecting diverse property sizes and features. Notably, a five-bedroom, six-bathroom home at 6 Timp Brook Road is listed at $1.4 million, while the one of the more affordable options—a three-bedroom, two-bath manufactured home at 21 Windward Way—is available for $125,000. The diversity in listing prices suggests broad market accessibility and varying investment opportunities for potential buyers.
This uptick in both sales and prices, coupled with a healthy inventory of listings, paints a picture of a balanced market. With mortgage interest rates hovering around 6.75%, prospective buyers may still find value, though affordability remains a key consideration.
Local real estate professionals advise interested buyers to act promptly, as median sold prices outpacing list prices signal heightened competition in certain segments. For deeper insight into individual neighborhoods and market dynamics, prospective clients are encouraged to consult licensed real estate agents like Lauren Muller of Howard Hanna | Rand Realty.
Listings courtesy of OneKey MLS as of June 13, 2025.
