Is Marcellus, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Marcellus was a Seller's Market.
Housing Prices in Marcellus, NY
How much do homes in Marcellus, NY cost?
Median Sold Price
$250,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Marcellus was $250,000 in February 2024, down 1.2% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $219.9K | $210K | -4.5% |
2 Bedrooms | $240K | $215K | -10.4% |
3 Bedrooms | $255K | $247.6K | -2.9% |
4 Bedrooms | $257.5K | $275.7K | +7.1% |
5+ Bedrooms | $262.5K | $374.1K | +42.5% |
Summary: Marcellus housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.5%, 2 bedroom homes decreased by 10.4%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 42.5%.
Housing Supply in Marcellus, NY
How many homes are available in Marcellus, NY?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
14 | 11 | -21.4% |
Summary: The Marcellus real estate market had 11 homes for sale in February 2024, a 21.4% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 5 | 3 | -40.0% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Marcellus housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Marcellus in February 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Marcellus, NY
How long does it take to sell a home in Marcellus, NY?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
20 Days | 13 Days | -35.0% |
Summary: Homes in Marcellus had an average of 13 days on market in Feb 2024, down by 35% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 1 homes were sold in Marcellus; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.