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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marcy is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Marcy was a Buyer's Market.

Key Takeaway

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

Housing Prices in Marcy, NY

How much do homes in Marcy, NY cost?

Median Sold Price

$237,935

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$55,765(-19.0%)

Key Takeaway

Homes in Marcy have sold for 19% less than they did a year ago.

Summary: The median home sold price in Marcy was $237,935 in April 2024, down 19% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$86.2K
N/A
2 $161.5K$209.5K
+29.7%
3 $210K$230K
+9.5%
4 $362.5K$285K
-21.4%
5+ -$350K
N/A

Summary: Marcy housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 29.7%, 3 bedroom homes increased by 9.5%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Whitestown
+14.1%
Floyd
+11.1%
Utica
+1.0%
Marcy
-19.0%

Housing Supply in Marcy, NY

How many homes are available in Marcy, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1814-22.2%

Summary: The Marcy real estate market had 14 homes for sale in April 2024, a 22.2% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 138
-38.5%
4 45
+25.0%
5+ 00
0.0%

Summary: The Marcy 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 remained the same, 3 bedroom homes decreased by 38.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
440.0%

Asking Price vs. Sold Price

3 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 Marcy, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Marcy in April 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Marcy, NY

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

Average Sale Time

Apr 2023Apr 2024CHANGE
17 Days46 Days+173.5%

Summary: Homes in Marcy had an average of 46 days on market in Apr 2024, up by 173.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were 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 Marcy are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in Marcy; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 10 Days Ago

Newest Listings in Marcy, NY

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