Is Moreau, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Moreau has remained a Seller's Market.
Housing Prices in Moreau, NY
How much do homes in Moreau, NY cost?
Median Sold Price
$290,000
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Moreau was $290,000 in April 2024, up 2.7% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $230K | $230K | 0.0% |
3 Bedrooms | $298.4K | $312.5K | +4.7% |
4 Bedrooms | $286.4K | $357.5K | +24.8% |
5+ Bedrooms | $362.5K | $378K | +4.3% |
Summary: Moreau housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 24.8%, and 5+ bedroom homes increased by 4.3%.
Median Sold Price Compared To Nearby Cities
Glens Falls | $211.9K | $230K | +8.5% |
South Glens Falls | $246.2K | $262K | +6.4% |
Gansevoort | $425K | $449.2K | +5.7% |
Moreau | $282.4K | $290K | +2.7% |
Fort Edward | $256.2K | $210K | -18.0% |
Housing Supply in Moreau, NY
How many homes are available in Moreau, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
35 | 37 | +5.7% |
Summary: The Moreau real estate market had 37 homes for sale in April 2024, a 5.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 25 | 25 | 0.0% |
4 Bedrooms | 6 | 8 | +33.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Moreau housing inventory by bedroom type for April 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 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 14 | +180.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Moreau in April 2024, up by 180.0% month-over-month. Of the 14 sold homes, 21% were sold under asking, 29% were sold at asking, and 50% were sold over asking.
Days on Market for Moreau, NY
How long does it take to sell a home in Moreau, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 16 Days | -64.6% |
Summary: Homes in Moreau had an average of 16 days on market in Apr 2024, down by 64.6% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in Moreau; 79% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.