Is Manheim, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Manheim is a buyer's market

Buyer's
Market

Difference Since September 2021

At the same time last year, Manheim was a Seller's Market.

Key Takeaway

Manheim is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Manheim, NY cost?

Median Sold Price

$157,450

$97/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$35,350(+29.0%)

Key Takeaway

Homes in Manheim have sold for 29% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 --
N/A
2 $108.9K$70.3K
-35.5%
3 $126.3K$117.2K
-7.2%
4 $91.3K$200K
+118.9%
5+ $351.8K$250K
-28.9%

Median Sold Price Compared To Nearby Cities

Little Falls
+57.9%
Dolgeville
+45.7%
Manheim
+29.0%
Dolgeville
+27.3%

How many homes are available in Manheim, NY?

Number of Homes For Sale

Aug 2022Sep 2022%
11110.0%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 21
-50.0%
3 56
+20.0%
4 33
0.0%
5+ 11
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Manheim, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Average Sale Time

Sep 2021Sep 2022%
4 Days3 Days-33.3%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Manheim are selling fast, if you're buying plan to act quickly.

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

About Manheim, NY

Manheim, NY has 11 homes for sale to choose from. In September 2022, listings were on the market for 3 days. During the same period, the median list price in this real estate market was $157,450. Real estate listing prices changed between August 2022 and September 2022: 1 bedroom properties became 0% more expensive, 2 bedrooms properties became 35.5% more cheaper, 3 bedrooms properties prices decreased by 7.2%, 4 bedrooms properties became 118.9% more expensive, 5 bedrooms properties prices decreased by 28.9%. This housing market inventory have changed: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes decreased by 50%, number of 3 bedrooms homes increased by 20%, the quantity of 4 bedrooms homes have not changed, 5 bedrooms homes inventory did not change. Manheim, NY housing market in September 2022 saw over 1 listings sold above listed price, more than 0 sold at listed price and over 0 sold below.