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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Manorhaven is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Manorhaven was a Buyer's Market.

Key Takeaway

Manorhaven is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Manorhaven, NY

How much do homes in Manorhaven, NY cost?

Median Sold Price

$1,340,000

-

Based on all homes sold in March 2024.

Difference Since Last Month

+$515,000(+62.4%)

Key Takeaway

Homes in Manorhaven have sold for 62.4% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 -$295K
N/A
2 --
N/A
3 --
N/A
4 $825K$1.3M
+62.4%
5+ -$1.7M
N/A

Summary: Manorhaven housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 62.4%, and 5+ bedroom homes did not change.

Housing Supply in Manorhaven, NY

How many homes are available in Manorhaven, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1417+21.4%

Summary: The Manorhaven real estate market had 17 homes for sale in March 2024, a 21.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 22
0.0%
2 02
+100.0%
3 22
0.0%
4 66
0.0%
5+ 45
+25.0%

Summary: The Manorhaven 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 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 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 Manorhaven, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Manorhaven in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Manorhaven, NY

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

Average Sale Time

Feb 2024Mar 2024CHANGE
28 Days74 Days+165.5%

Summary: Homes in Manorhaven had an average of 74 days on market in Mar 2024, up by 165.5% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 3 homes were sold in Manorhaven; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

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

Report Updated 18 Days Ago

Newest Listings in Manorhaven, NY

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