Is Mamakating, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Mamakating was a Seller's Market.
Key Takeaway
Mamakating is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Mamakating, NY
How much do homes in Mamakating, NY cost?
Median Sold Price
$349,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Mamakating have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in Mamakating was $349,000 in March 2024, up 6.7% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $189.7K | $150K | -20.9% |
| 2 Bedrooms | $190K | $210.7K | +10.9% |
| 3 Bedrooms | $336.9K | $354.5K | +5.2% |
| 4 Bedrooms | $400K | $425K | +6.3% |
| 5+ Bedrooms | $431.5K | $345.5K | -19.9% |
Summary: Mamakating housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.9%, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 19.9%.
Median Sold Price Compared To Nearby Cities
| Mamakating | $327K | $349K | +6.7% |
| Wurtsboro | $258.4K | $275K | +6.4% |
| Bloomingburg | $390K | $385K | -1.3% |
Housing Supply in Mamakating, NY
How many homes are available in Mamakating, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 67 | 65 | -3.0% |
Summary: The Mamakating real estate market had 65 homes for sale in March 2024, a 3.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 1 | -66.7% |
| 2 Bedrooms | 14 | 16 | +14.3% |
| 3 Bedrooms | 30 | 28 | -6.7% |
| 4 Bedrooms | 17 | 16 | -5.9% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Mamakating housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 8 | -33.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mamakating, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Mamakating in March 2024, down by 33.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Mamakating, NY
How long does it take to sell a home in Mamakating, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 65 Days | 92 Days | +39.9% |
Summary: Homes in Mamakating had an average of 92 days on market in Mar 2024, up by 39.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Mamakating are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 8 homes were sold in Mamakating; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.