March 2024

Machias Housing Market Report Cattaraugus County, New York

Report Updated 18 Days Ago

Housing Prices in Machias, NY

How much do homes in Machias, NY cost?

Median List Price

$180,000

$181/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$32,100(+21.7%)

Key Takeaway

The list price of homes in Machias has increased by 21.7% since last year.

Summary: The median home list price in Machias was $180,000 in March 2024, up 21.7% from the previous year, and the median price per square foot was $181.

Median List Price By Bedroom Count

# BEDS# BEDROOMS	Mar 2023	Mar 2024	CHANGE
1 Bedroom	$223.9K	$168.9K	-24.6%
2 Bedrooms	$169.9K	$179.9K	+5.9%
3 Bedrooms	$143K	$260K	+81.8%
4 Bedrooms	$147.9K	$151.4K	+2.4%
5+ Bedrooms	$265K	$1.2M	+371.7%

Summary: Machias housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24.6%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 81.8%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 371.7%.

Median List Price Compared To Nearby Cities

CITY	Mar 2023	Mar 2024	CHANGE
Machias	$147.9K	$180K	+21.7%
Farmersville	$120K	$140K	+16.7%
Freedom	$164.4K	$167.4K	+1.9%
Yorkshire	$179.9K	$177.4K	-1.4%
West Valley	$239.9K	$214.4K	-10.6%

Housing Supply in Machias, NY

How many homes are available in Machias, NY?

Number of Homes For Sale

Feb 2024	Mar 2024	CHANGE
5	8	+60.0%

Summary: The Machias real estate market had 8 homes for sale in March 2024, a 60.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDS# BEDROOMS	Feb 2024	Mar 2024	CHANGE
1 Bedroom	1	1	0.0%
2 Bedrooms	3	4	+33.3%
3 Bedrooms	0	2	+100.0%
4 Bedrooms	0	0	0.0%
5+ Bedrooms	1	1	0.0%

Summary: The Machias housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Machias, NY

How long does it take to sell a home in Machias, NY?

Average Listing Age

Mar 2023	Mar 2024	CHANGE
368 Days	268 Days	-27.1%

Summary: Homes in Machias had an average listing age of 268 days in Mar 2024, down by 27.1% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

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Newest Listings in Machias, NY

Nearby Markets to Machias, NY

MLS Disclaimers and Copyright

Based on information from New York State Alliance of MLS for the period 04/01/2022 - 04/01/2024

IDX The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.

© 2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/19/2024, 12:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.