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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marcellus is a seller's market

Buyer's
Market

Difference Since September 2021

Since last year, Marcellus has remained a Seller's Market.

Key Takeaway

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

How much do homes in Marcellus, NY cost?

Median Sold Price

$230,000

$140/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$55,000(+31.4%)

Key Takeaway

Homes in Marcellus have sold for 31.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $172.7K$219.9K
+27.3%
2 $142.5K-
N/A
3 $180.5K$242.5K
+34.3%
4 $229.9K$185K
-19.5%
5+ -$364.6K
N/A

How many homes are available in Marcellus, NY?

Number of Homes For Sale

Aug 2022Sep 2022%
45+25.0%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 02
+100.0%
3 10
-100.0%
4 32
-33.3%
5+ 01
+100.0%

Number of Homes Sold

Aug 2022Sep 2022%
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marcellus, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
85 Days56 Days-34.4%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Marcellus, NY

There are 5 homes are for sale in Marcellus, NY real estate market. Between August 2022 and September 2022, Marcellus, NY real estate market has seen increase in the number of listings by 25%. The median list price of listings available in September 2022 was $230,000, while the average time on the real estate market was 56 days. Between August 2022 and September 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties increased by 27.3%, 2 bedrooms properties prices increased by 0%, prices of 3 bedrooms properties went up by 34.3%, prices of 4 bedrooms properties went down by 19.5%, 5 bedrooms properties became 0% more expensive. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes increased by 100%, 3 bedrooms homes became 100% less available, number of 4 bedrooms homes decreased by 33.3%, 5 bedrooms homes became 100% more available. While more than 0 listings in Marcellus, NY in September 2022 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below.