$2,493 Closing Credit*
$209,900
1,259 SqFt
4 Beds
•1 Full Bath
Jeffrey Kelleher, Listing Office: Kelleher Realty
Is Moreau, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Moreau has remained a Seller's Market.
Key Takeaway
Moreau is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Moreau, NY
How much do homes in Moreau, NY cost?
Median Sold Price
$297,500
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$2,500(-0.8%)
Key Takeaway
Homes in Moreau have sold for 0.8% less than they did a year ago.
Summary: The median home sold price in Moreau was $297,500 in November 2024, down 0.8% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $230K | $222.4K | -3.3% |
| 3 Bedrooms | $311.2K | $325K | +4.4% |
| 4 Bedrooms | $311.2K | $311K | -0.1% |
| 5+ Bedrooms | $425K | $439K | +3.3% |
Summary: Moreau housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.3%, 3 bedroom homes increased by 4.4%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes increased by 3.3%.
Median Sold Price Compared To Nearby Cities
| Glens Falls | $220K | $248.8K | +13.1% |
| South Glens Falls | $250K | $265K | +6.0% |
| Moreau | $300K | $297.5K | -0.8% |
| Fort Edward | $233.4K | $227.5K | -2.5% |
| Gansevoort | $446.5K | $428.5K | -4.0% |
Housing Supply in Moreau, NY
How many homes are available in Moreau, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 45 | -13.5% |
Summary: The Moreau real estate market had 45 homes for sale in November 2024, a 13.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 10 | +25.0% |
| 3 Bedrooms | 29 | 25 | -13.8% |
| 4 Bedrooms | 11 | 6 | -45.5% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Moreau housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 13.8%, 4 bedroom homes decreased by 45.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 18 | +63.6% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Moreau, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Moreau in November 2024, up by 63.6% month-over-month. Of the 18 sold homes, 50% were sold under asking, 11% were sold at asking, and 39% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 40 Days | +191.3% |
Summary: Homes in Moreau had an average of 40 days on market in Nov 2024, up by 191.3% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Moreau are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 18 homes were sold in Moreau; 72% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 6% 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.