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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Manorville is a buyer's market

Buyer's
Market

Difference Since April 2023

Since last year, Manorville has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Manorville, NY

How much do homes in Manorville, NY cost?

Median Sold Price

$496,250

$259/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$18,750(-3.6%)

Key Takeaway

Homes in Manorville have sold for 3.6% less than they did a year ago.

Summary: The median home sold price in Manorville was $496,250 in April 2024, down 3.6% from last year, and the median price per square foot was $259.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $110K$164.9K
+50.0%
2 $205K$228.5K
+11.5%
3 $510K$550K
+7.8%
4 $691K$735K
+6.4%
5+ $775K$770K
-0.6%

Summary: Manorville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes decreased by 0.6%.

Median Sold Price Compared To Nearby Neighborhoods

Calverton
+8.8%
Manorville
-3.6%

Housing Supply in Manorville, NY

How many homes are available in Manorville, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7977-2.5%

Summary: The Manorville real estate market had 77 homes for sale in April 2024, a 2.5% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 43
-25.0%
2 3029
-3.3%
3 119
-18.2%
4 2829
+3.6%
5+ 67
+16.7%

Summary: The Manorville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 3.3%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
179-47.1%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Manorville, you could pay more than the asking price. 77.8% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in Manorville in April 2024, down by 47.1% month-over-month. Of the 9 sold homes, 11% were sold under asking, 11% were sold at asking, and 78% were sold over asking.

Days on Market for Manorville, NY

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

Average Sale Time

Apr 2023Apr 2024CHANGE
34 Days63 Days+85.8%

Summary: Homes in Manorville had an average of 63 days on market in Apr 2024, up by 85.8% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Manorville has remained consistent over time.

Summary: During April 2024, 9 homes were sold in Manorville; 33% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 22% 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 3 Days Ago

Newest Listings in Manorville, NY

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