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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Middleburgh is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Middleburgh was a Seller's Market.

Key Takeaway

Middleburgh is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Middleburgh, NY

How much do homes in Middleburgh, NY cost?

Median Sold Price

$55,000

-

Based on all homes sold in February 2024.

Difference Since Last Month

-$160,000(-74.4%)

Key Takeaway

Homes in Middleburgh have sold for 74.4% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 $200K-
N/A
2 --
N/A
3 $210K-
N/A
4 $230K$55K
-76.1%
5+ --
N/A

Summary: Middleburgh housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 76.1%, and 5+ bedroom homes did not change.

Housing Supply in Middleburgh, NY

How many homes are available in Middleburgh, NY?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2218-18.2%

Summary: The Middleburgh real estate market had 18 homes for sale in February 2024, a 18.2% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 10
-100.0%
2 63
-50.0%
3 87
-12.5%
4 77
0.0%
5+ 01
+100.0%

Summary: The Middleburgh housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

0 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 Middleburgh, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Middleburgh in February 2024, down by 75.0% 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 Middleburgh, NY

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

Average Sale Time

Jan 2024Feb 2024CHANGE
37 Days10 Days-73.0%

Summary: Homes in Middleburgh had an average of 10 days on market in Feb 2024, down by 73% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Middleburgh are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 1 homes were sold in Middleburgh; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

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