Is Marcy, 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, Marcy has remained a Buyer's Market.
Key Takeaway
Marcy is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Marcy, NY
How much do homes in Marcy, NY cost?
Median Sold Price
$245,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Marcy have sold for 18.3% less than they did a year ago.
Summary: The median home sold price in Marcy was $245,000 in May 2024, down 18.3% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $86.2K | N/A |
| 2 Bedrooms | $161.5K | $186K | +15.2% |
| 3 Bedrooms | $217.5K | $232.5K | +6.9% |
| 4 Bedrooms | $362.5K | $315K | -13.1% |
| 5+ Bedrooms | - | $350K | N/A |
Summary: Marcy 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 15.2%, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 13.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Whitestown | $182.3K | $219K | +20.1% |
| Utica | $165K | $169.9K | +3.0% |
| Marcy | $299.9K | $245K | -18.3% |
Housing Supply in Marcy, NY
How many homes are available in Marcy, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 16 | 15 | -6.3% |
Summary: The Marcy real estate market had 15 homes for sale in May 2024, a 6.3% 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 | 1 | 2 | +100.0% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 6 | 2 | -66.7% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Marcy 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 increased by 100%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Marcy, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Marcy in May 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Marcy, NY
How long does it take to sell a home in Marcy, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 16 Days | 3 Days | -81.3% |
Summary: Homes in Marcy had an average of 3 days on market in May 2024, down by 81.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Marcy are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Marcy; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
