Is Marlboro, 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, Marlboro has remained a Buyer's Market.
Housing Prices in Marlboro, NY
How much do homes in Marlboro, NY cost?
Median Sold Price
$420,000
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Marlboro was $420,000 in May 2024, up 6.8% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $306.9K | $240K | -21.8% |
3 Bedrooms | $375K | $420K | +12.0% |
4 Bedrooms | $515K | $499K | -3.1% |
5+ Bedrooms | $407K | $435K | +6.9% |
Summary: Marlboro 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 decreased by 21.8%, 3 bedroom homes increased by 12%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 6.9%.
Median Sold Price Compared To Nearby Cities
Wappinger | $370.5K | $425.3K | +14.8% |
Marlboro | $393.2K | $420K | +6.8% |
Marlborough | $425K | $423.5K | -0.4% |
Plattekill | $395K | $385K | -2.5% |
Housing Supply in Marlboro, NY
How many homes are available in Marlboro, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
27 | 30 | +11.1% |
Summary: The Marlboro real estate market had 30 homes for sale in May 2024, a 11.1% increase 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 | 3 | 3 | 0.0% |
3 Bedrooms | 17 | 17 | 0.0% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Marlboro 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 remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Marlboro in May 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Marlboro, NY
How long does it take to sell a home in Marlboro, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
123 Days | 55 Days | -55.2% |
Summary: Homes in Marlboro had an average of 55 days on market in May 2024, down by 55.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Marlboro; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.