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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Middleport is a neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Middleport was a Seller's Market.

Key Takeaway

Middleport is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Middleport, NY

How much do homes in Middleport, NY cost?

Median Sold Price

$220,000

$121/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$70,550(+47.2%)

Key Takeaway

Homes in Middleport have sold for 47.2% more than they did a year ago.

Summary: The median home sold price in Middleport was $220,000 in September 2024, up 47.2% from last year, and the median price per square foot was $121.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $95.2K-
N/A
2 $97K$175K
+80.4%
3 $154.4K$235.5K
+52.5%
4 $159K$199.4K
+25.4%
5+ $167.5K$220K
+31.3%

Summary: Middleport housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 80.4%, 3 bedroom homes increased by 52.5%, 4 bedroom homes increased by 25.4%, and 5+ bedroom homes increased by 31.3%.

Median Sold Price Compared To Nearby Cities

Middleport
+47.2%
Royalton
+24.5%

Housing Supply in Middleport, NY

How many homes are available in Middleport, NY?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1113+18.2%

Summary: The Middleport real estate market had 13 homes for sale in September 2024, a 18.2% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 11
0.0%
3 44
0.0%
4 45
+25.0%
5+ 23
+50.0%

Summary: The Middleport housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was 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 Middleport, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Middleport in September 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Middleport, NY

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

Average Sale Time

Sep 2023Sep 2024CHANGE
21 Days36 Days+71.1%

Summary: Homes in Middleport had an average of 36 days on market in Sep 2024, up by 71.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 2 homes were sold in Middleport; 50% of homes were sold within 30 days, 50% 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 Sep 1, 2024

Newest Listings in Middleport, NY

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