Is Middle Village, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Middle Village has remained a Buyer's Market.
Housing Prices in Middle Village, NY
How much do homes in Middle Village, NY cost?
Median Sold Price
$868,333
$539/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Middle Village was $868,333 in March 2024, down 3% from last year, and the median price per square foot was $539.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $385K | $407.5K | +5.8% |
2 Bedrooms | $614.5K | $654.3K | +6.5% |
3 Bedrooms | $860K | $865K | +0.6% |
4 Bedrooms | $972.5K | $978.7K | +0.6% |
5+ Bedrooms | $1.1M | $1.1M | +3.8% |
Summary: Middle Village housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.8%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 3.8%.
Housing Supply in Middle Village, NY
How many homes are available in Middle Village, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
131 | 148 | +13.0% |
Summary: The Middle Village real estate market had 148 homes for sale in March 2024, a 13.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 14 | 15 | +7.1% |
2 Bedrooms | 18 | 20 | +11.1% |
3 Bedrooms | 57 | 60 | +5.3% |
4 Bedrooms | 24 | 26 | +8.3% |
5+ Bedrooms | 18 | 27 | +50.0% |
Summary: The Middle Village housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 15 | 0.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Middle Village in March 2024, the same as the previous month. Of the 15 sold homes, 93% were sold under asking, 0% were sold at asking, and 7% were sold over asking.
Days on Market for Middle Village, NY
How long does it take to sell a home in Middle Village, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
86 Days | 99 Days | +14.6% |
Summary: Homes in Middle Village had an average of 99 days on market in Mar 2024, up by 14.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During March 2024, 15 homes were sold in Middle Village; 20% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 53% of homes were sold over 90 days.