Is Mayville, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Mayville was a Seller's Market.
Key Takeaway
Mayville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Mayville, NY
How much do homes in Mayville, NY cost?
Median Sold Price
$210,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Mayville have sold for 10.4% less than they did a year ago.
Summary: The median home sold price in Mayville was $210,000 in April 2024, down 10.4% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $122K | N/A |
| 2 Bedrooms | $217.5K | $215K | -1.1% |
| 3 Bedrooms | $241.9K | $316.5K | +30.8% |
| 4 Bedrooms | $225K | $267.5K | +18.9% |
| 5+ Bedrooms | $600K | $42K | -93.0% |
Summary: Mayville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.1%, 3 bedroom homes increased by 30.8%, 4 bedroom homes increased by 18.9%, and 5+ bedroom homes decreased by 93%.
Median Sold Price Compared To Nearby Cities
| Chautauqua | $244.9K | $324.2K | +32.4% |
| Mayville | $234.5K | $210K | -10.4% |
Housing Supply in Mayville, NY
How many homes are available in Mayville, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 11 | +175.0% |
Summary: The Mayville real estate market had 11 homes for sale in April 2024, a 175.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 2 | 7 | +250.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Mayville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 250%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mayville, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Mayville in April 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Mayville, NY
How long does it take to sell a home in Mayville, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 2 Days | 137 Days | +6750.0% |
Summary: Homes in Mayville had an average of 137 days on market in Apr 2024, up by 6750% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Mayville are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 1 homes were sold in Mayville; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
