Is Chestnut Ridge a buyer's or seller's market right now?

Chestnut Ridge is currently a seller's market with 1.8 months of supply. Homes are selling at 95.2% of list price, and 25% go pending within two weeks. The Ridley Sell Score for Chestnut Ridge is 43/100 (Cooling), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Chestnut Ridge?

The median home price in Chestnut Ridge is $680,000, down 21.4% year-over-year. The median price per square foot is $434. Homes sell in a median of 105 days with a sale-to-list ratio of 95.2%.

How much does it cost to sell a home in Chestnut Ridge, New York?

On a $680,000 home in Chestnut Ridge, a traditional listing agent charges around $20,400 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $54,400 or more. With Ridley Essentials ($999) you save $19,401, and with Ridley Pro ($3,499) you save $16,901 while getting full agent support.

How does Ridley's flat fee compare to a traditional Chestnut Ridge agent?

A traditional Chestnut Ridge listing agent typically charges 3% of the sale price — about $20,400 on a $680,000 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $19,401–$16,901 compared to a traditional agent.

How long does it take to sell a home in Chestnut Ridge?

The median home in Chestnut Ridge currently spends 105 days on the market before going under contract, up 63% from last year. 25% of homes go pending within two weeks. At a 95.2% sale-to-list ratio, sellers are seeing some negotiation. Only 42.9% of listings see a price drop, suggesting sellers can hold firm on pricing.

Do I need a real estate agent to sell in New York?

No. New York does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $680,000 home, that could save you up to $16,901.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in New York. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $20,400 commission.

National/New York

Chestnut Ridge, NY

Is Now a Good Time to Sell in Chestnut Ridge, New York?

The median home in Chestnut Ridge sells for $680,000 with prices down 21.4% year-over-year. The average seller pays $20,400 in commissions — Ridley’s flat fee saves you $16,901.

Chestnut Ridge Real Estate Market Conditions — April 2026

43out of 100

Ridley Sell Score

How it's scored →

Cooling

43/100

The market is shifting — strategic pricing and presentation matter more.

What this means for sellers

The Chestnut Ridge market is cooling, and sellers need to be strategic. Price drops are common, so pricing accurately from the start is critical. Invest in staging and professional photography to differentiate your listing. Flexibility on terms can make the difference in attracting serious buyers.

Inventory TightnessFavors sellers

1.8 months of supply — well below the 5-month balanced threshold — 25% below the New York average of 2.4.

Price MomentumFavors buyers

Prices down 21.4% year-over-year — vs. +16.2% statewide.

Seller LeverageFavors buyers

Homes selling at 95.2% of asking — buyers are negotiating 4.8% below list. New York average is 98.4%.

Bidding ActivityFavors buyers

0% of homes selling above list price — 100% below the New York average of 33.9%.

Sale SpeedFavors buyers

105 median days on market — 29 days slower than the New York average.

Market UrgencyNeutral

25% of listings go pending within 2 weeks — vs. 16.2% statewide.

Price StabilityFavors buyers

42.9% of listings have dropped their price — accurate initial pricing is critical. New York average is 13.1%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$680,000

-21.4%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

105

+63%

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$434

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

95.2%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

1.8

Seller’s market

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Not Very Competitive

Price Drops

Percentage of active listings that had a price reduction.

42.9%

Price carefully

Pending in 2 Weeks

Percentage of listings that went under contract within 14 days.

25%

Slower pace

12-Month Price Trend

$977,500 → $680,000

▼30.4%

$1.0M$900K$800K$700K

MayJulSepNovJanMarApr

Data updated April 2026

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Personalized pricing signals, demand shifts, and Sell Score changes for Chestnut Ridge — delivered monthly.

Your savings

How much can you save selling your home in Chestnut Ridge?

The average Chestnut Ridge homeowner saves $16,901 by selling with Ridley instead of paying the traditional 3% listing commission on a $680,000 home.

$0Estimated savings

That's a dream family vacation — save 2.5% of your home value

Your Chestnut Ridge home value

$680,000

$50,000$10M

Traditional Agent (3%)

$20,400

Ridley Pro (flat fee)

$3,499

Ready to sell in Chestnut Ridge?

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Cost comparison

How much does it cost to sell a house in Chestnut Ridge?

The total cost to sell a house in Chestnut Ridge in 2026 ranges from $999 with Ridley Essentials to approximately $20,400 with a traditional 3% commission on a $680,000 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$20,400	$3,499	$999	$0
Buyer agent	$19,0402.8% avg	$13,600~2% avg	$13,600~2% avg	$19,0402.8% avg
Closing costs (~1.5%)	$10,200	$10,200	$10,200	$10,200
Total cost	$49,640	$27,299	$24,799	$29,240
Net proceeds	$630,360	$652,701	$655,201	$650,760
You save	—	$22,341	$24,841	$20,400No support