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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marlboro is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Marlboro, NY

How much do homes in Marlboro, NY cost?

Median Sold Price

$415,000

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$21,750(+5.5%)

Key Takeaway

Homes in Marlboro have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in Marlboro was $415,000 in March 2024, up 5.5% from last year, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $302.4K$255K
-15.7%
3 $370K$417.5K
+12.8%
4 $508K$499K
-1.8%
5+ $407K$435K
+6.9%

Summary: Marlboro housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.7%, 3 bedroom homes increased by 12.8%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes increased by 6.9%.

Median Sold Price Compared To Nearby Cities

Wappinger
+15.4%
Marlboro
+5.5%
Plattekill
+4.6%
Marlborough
-3.4%

Housing Supply in Marlboro, NY

How many homes are available in Marlboro, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2122+4.8%

Summary: The Marlboro real estate market had 22 homes for sale in March 2024, a 4.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 33
0.0%
3 910
+11.1%
4 87
-12.5%
5+ 12
+100.0%

Summary: The Marlboro housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marlboro, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Marlboro in March 2024, up by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.

Days on Market for Marlboro, NY

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

Average Sale Time

Mar 2023Mar 2024CHANGE
62 Days90 Days+44.8%

Summary: Homes in Marlboro had an average of 90 days on market in Mar 2024, up by 44.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 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 Marlboro has remained consistent over time.

Summary: During March 2024, 6 homes were sold in Marlboro; 17% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 33% 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 25 Days Ago

Newest Listings in Marlboro, NY

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