$75,000
5.46 Acres
Land
•2 Full Baths
Lori A. Murnane, Listing Office: Green Meadows Realty LLC
Is Montezuma, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Montezuma has remained a Seller's Market.
Key Takeaway
Montezuma is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Montezuma, NY
How much do homes in Montezuma, NY cost?
Median Sold Price
$159,900
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$6,850(-4.1%)
Key Takeaway
Homes in Montezuma have sold for 4.1% less than they did a year ago.
Summary: The median home sold price in Montezuma was $159,900 in December 2024, down 4.1% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $160K | $126.2K | -21.1% |
| 3 Bedrooms | - | $164.9K | N/A |
| 4 Bedrooms | $297K | $64K | -78.5% |
| 5+ Bedrooms | $173.5K | - | N/A |
Summary: Montezuma housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 21.1%, 3 bedroom homes did not change, 4 bedroom homes decreased by 78.5%, and 5+ bedroom homes did not change.
Housing Supply in Montezuma, NY
How many homes are available in Montezuma, NY?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Summary: The Montezuma real estate market had 4 homes for sale in December 2024, a 20.0% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Montezuma housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Montezuma, 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 Montezuma in December 2024, up by 100.0% 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 Montezuma, NY
How long does it take to sell a home in Montezuma, NY?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 9 Days | 8 Days | -11.1% |
Summary: Homes in Montezuma had an average of 8 days on market in Dec 2024, down by 11.1% compared to last year.
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
Key Takeaway
Many homes in Montezuma are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 1 homes were sold in Montezuma; 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.