Is Maplewood, 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, Maplewood has remained a Seller's Market.
Key Takeaway
Maplewood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Maplewood, NY
How much do homes in Maplewood, NY cost?
Median Sold Price
$146,900
$91/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Maplewood have sold for 13% more than they did a year ago.
Summary: The median home sold price in Maplewood was $146,900 in April 2024, up 13% from last year, and the median price per square foot was $91.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $60K | $86.4K | +44.0% |
| 2 Bedrooms | $123.4K | $115K | -6.8% |
| 3 Bedrooms | $130K | $146.9K | +13.0% |
| 4 Bedrooms | $139K | $150K | +7.9% |
| 5+ Bedrooms | $152K | $155K | +2.0% |
Summary: Maplewood housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 44%, 2 bedroom homes decreased by 6.8%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 2%.
Median Sold Price Compared To Nearby Neighborhoods
| Maplewood | $130K | $146.9K | +13.0% |
| Edgerton | $66.5K | $75K | +12.8% |
| Charlotte | $155K | $171.5K | +10.6% |
| Lyell / Otis | $79.9K | $80K | 0.1% |
Housing Supply in Maplewood, NY
How many homes are available in Maplewood, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 53 | 46 | -13.2% |
Summary: The Maplewood real estate market had 46 homes for sale in April 2024, a 13.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 28 | 20 | -28.6% |
| 4 Bedrooms | 16 | 15 | -6.3% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Maplewood housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 18 | -5.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Maplewood, you could pay more than the asking price. 61.1% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in Maplewood in April 2024, down by 5.3% month-over-month. Of the 18 sold homes, 28% were sold under asking, 11% were sold at asking, and 61% were sold over asking.
Days on Market for Maplewood, NY
How long does it take to sell a home in Maplewood, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 19 Days | 20 Days | +3.4% |
Summary: Homes in Maplewood had an average of 20 days on market in Apr 2024, up by 3.4% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Maplewood are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 18 homes were sold in Maplewood; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
