Is Cornwall, NY 12518 a buyer’s or seller’s market?
Cornwall is a seller’s market. With about 2.6 months of supply and 36% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 72% of U.S. ZIP codes, and #373 of 649 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Cornwall housing market right now
In the three months ending August 31, 2026, 36% of homes in Cornwall, NY 12518 sold above their list price, the typical home went under contract in 34 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 23 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 63%, homes sold more slowly (26 days then) and the median sale price rose 25% to $712,692. Overall, Cornwall is less competitive than a year ago, which gives buyers more room.
Within Orange County, homes here sell faster than in 61% of the county’s ZIP codes, and sell less often over asking than in 58%. On our competition score, Cornwall ranks #373 of 649 NY ZIP codes with enough sales (score 68 out of 100).
Nearby, buyers who want less competition could look at Huguenot 12746 (0% sold over asking) or Cuddebackville 12729 (0% sold over asking), while Circleville 10919 (100% sold over asking) and Fort Montgomery 10922 (100% sold over asking) are even more competitive.
Run the numbers for 12518
Nearby markets
Blooming Grove 10914 — /sq ftCampbell Hall 10916Seller’s market $295 /sq ftCentral Valley 10917Buyer’s market $264 /sq ftChester 10918Buyer’s market $263 /sq ft Browse all markets →Towns like Cornwall nearby
Find towns like Cornwall in other states →Where Cornwall is
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Questions about Cornwall real estate
Is Cornwall a buyer’s or seller’s market?
A seller’s market: there were 2.6 months of supply in Cornwall, NY 12518 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Cornwall?
The typical home went under contract in 34 days in the latest three months.
Do homes in Cornwall sell over asking?
36% of homes sold above their original list price, and the typical sale closed at 99.6% of the list price.
What are property taxes in Cornwall?
About 2.19% of a home’s value a year in Orange County, or roughly $8,760 on a $400,000 home.
What is the median home price in Cornwall?
The median sale price was $712,692 in the three months ending August 31, 2026, about $289 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology