Is Middleburgh, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Middleburgh was a Buyer's Market.
Key Takeaway
Middleburgh is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Middleburgh, NY
How much do homes in Middleburgh, NY cost?
Median Sold Price
$219,225
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Middleburgh have sold for 23.5% more than they did a year ago.
Summary: The median home sold price in Middleburgh was $219,225 in March 2024, up 23.5% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $98.5K | $200K | +103.0% |
| 2 Bedrooms | $125K | $200.9K | +60.8% |
| 3 Bedrooms | $184K | $252.4K | +37.2% |
| 4 Bedrooms | $230K | $190K | -17.4% |
| 5+ Bedrooms | $320K | $390K | +21.9% |
Summary: Middleburgh housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 103%, 2 bedroom homes increased by 60.8%, 3 bedroom homes increased by 37.2%, 4 bedroom homes decreased by 17.4%, and 5+ bedroom homes increased by 21.9%.
Housing Supply in Middleburgh, NY
How many homes are available in Middleburgh, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 20 | +11.1% |
Summary: The Middleburgh real estate market had 20 homes for sale in March 2024, a 11.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 5 | 9 | +80.0% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Middleburgh 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 decreased by 25%, 3 bedroom homes increased by 80%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Middleburgh, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Middleburgh in March 2024, up by 200.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for Middleburgh, NY
How long does it take to sell a home in Middleburgh, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 16 Days | 46 Days | +191.7% |
Summary: Homes in Middleburgh had an average of 46 days on market in Mar 2024, up by 191.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Middleburgh are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 6 homes were sold in Middleburgh; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.