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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Moriah is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Moriah was a Buyer's Market.

Key Takeaway

Moriah is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Moriah, NY

How much do homes in Moriah, NY cost?

Median Sold Price

$139,250

$107/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$41,250(+42.1%)

Key Takeaway

Homes in Moriah have sold for 42.1% more than they did a year ago.

Summary: The median home sold price in Moriah was $139,250 in April 2024, up 42.1% from last year, and the median price per square foot was $107.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $108K$137.8K
+27.6%
3 $88.7K$169.6K
+91.1%
4 $140.5K$120K
-14.6%
5+ $45K$139.5K
+210.0%

Summary: Moriah 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 increased by 27.6%, 3 bedroom homes increased by 91.1%, 4 bedroom homes decreased by 14.6%, and 5+ bedroom homes increased by 210%.

Median Sold Price Compared To Nearby Cities

Moriah
+42.1%
Port Henry
+20.0%

Housing Supply in Moriah, NY

How many homes are available in Moriah, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
11110.0%

Summary: The Moriah real estate market had 11 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 65
-16.7%
4 11
0.0%
5+ 00
0.0%

Summary: The Moriah 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 increased by 25%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Moriah, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Moriah in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Moriah, NY

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

Average Sale Time

Apr 2023Apr 2024CHANGE
141 Days31 Days-77.5%

Summary: Homes in Moriah had an average of 31 days on market in Apr 2024, down by 77.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were 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 Moriah are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in Moriah; 67% of homes were sold within 30 days, 33% 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 18 Days Ago

Newest Listings in Moriah, NY

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