Is Manlius, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Manlius has remained a Seller's Market.
Key Takeaway
Manlius is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Manlius, NY
How much do homes in Manlius, NY cost?
Median Sold Price
$385,000
$163/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since May 2023.
Key Takeaway
The sold price of homes in Manlius has remained the same since last year.
Summary: The median home sold price in Manlius was $385,000 in May 2024, the same as last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $250K | N/A |
| 2 Bedrooms | $211K | $235K | +11.4% |
| 3 Bedrooms | $273K | $293.5K | +7.5% |
| 4 Bedrooms | $415K | $435K | +4.8% |
| 5+ Bedrooms | $556.7K | $550K | -1.2% |
Summary: Manlius housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 1.2%.
Housing Supply in Manlius, NY
How many homes are available in Manlius, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 64 | 57 | -10.9% |
Summary: The Manlius real estate market had 57 homes for sale in May 2024, a 10.9% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 19 | 20 | +5.3% |
| 4 Bedrooms | 30 | 22 | -26.7% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Manlius housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 16 | 13 | -18.8% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Manlius, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Manlius in May 2024, down by 18.8% month-over-month. Of the 13 sold homes, 54% were sold under asking, 0% were sold at asking, and 46% were sold over asking.
Days on Market for Manlius, NY
How long does it take to sell a home in Manlius, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 14 Days | 36 Days | +148.2% |
Summary: Homes in Manlius had an average of 36 days on market in May 2024, up by 148.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Manlius are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 13 homes were sold in Manlius; 69% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
