Is Manlius, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Manlius has remained a Seller's Market.
Key Takeaway
Manlius is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Manlius, NY
How much do homes in Manlius, NY cost?
Median Sold Price
$388,750
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Manlius have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in Manlius was $388,750 in April 2024, up 2.3% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $250K | N/A |
| 2 Bedrooms | $180K | $237.4K | +31.9% |
| 3 Bedrooms | $273K | $298K | +9.2% |
| 4 Bedrooms | $415K | $435K | +4.8% |
| 5+ Bedrooms | $550K | $575K | +4.5% |
Summary: Manlius housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 31.9%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 4.5%.
Housing Supply in Manlius, NY
How many homes are available in Manlius, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 53 | 59 | +11.3% |
Summary: The Manlius real estate market had 59 homes for sale in April 2024, a 11.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 8 | +100.0% |
| 3 Bedrooms | 12 | 18 | +50.0% |
| 4 Bedrooms | 28 | 26 | -7.1% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Manlius housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 15 | +36.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Manlius, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in Manlius in April 2024, up by 36.4% month-over-month. Of the 15 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Manlius, NY
How long does it take to sell a home in Manlius, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 13 Days | 17 Days | +34.5% |
Summary: Homes in Manlius had an average of 17 days on market in Apr 2024, up by 34.5% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Manlius are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 15 homes were sold in Manlius; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
