Is Virgil, 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, Virgil was a Buyer's Market.
Housing Prices in Virgil, NY
How much do homes in Virgil, NY cost?
Median Sold Price
$195,000
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Virgil was $195,000 in April 2024, down 7.1% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $9.2K | $42K | +356.5% |
2 Bedrooms | $130K | $161K | +23.8% |
3 Bedrooms | $221.7K | $299K | +34.9% |
4 Bedrooms | $242K | $227.5K | -6.0% |
5+ Bedrooms | $378.2K | $277.5K | -26.6% |
Summary: Virgil housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 356.5%, 2 bedroom homes increased by 23.8%, 3 bedroom homes increased by 34.9%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes decreased by 26.6%.
Median Sold Price Compared To Nearby Cities
Virgil | $210K | $195K | -7.1% |
Cortlandville | $210K | $189.5K | -9.8% |
Housing Supply in Virgil, NY
How many homes are available in Virgil, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 23 | +9.5% |
Summary: The Virgil real estate market had 23 homes for sale in April 2024, a 9.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 6 | 0.0% |
2 Bedrooms | 8 | 8 | 0.0% |
3 Bedrooms | 4 | 4 | 0.0% |
4 Bedrooms | 3 | 5 | +66.7% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Virgil housing inventory by bedroom type for April 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 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
0 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Virgil in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Virgil, NY
How long does it take to sell a home in Virgil, NY?
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Virgil; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.