$1,176 Closing Credit*
$99,000
1,064 SqFt
3 Beds
•1 Full Bath
Andrew M. Kachaylo, Listing Office: RE/MAX Hometown Choice
Is Mount Morris, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Mount Morris has remained a Seller's Market.
Key Takeaway
Mount Morris is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mount Morris, NY
How much do homes in Mount Morris, NY cost?
Median Sold Price
$164,194
$109/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$806(-0.5%)
Key Takeaway
The sold price of homes in Mount Morris has remained the same since last month.
Summary: The median home sold price in Mount Morris was $164,194 in December 2024, down 0.5% from last month, and the median price per square foot was $109.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $164.1K | N/A |
| 3 Bedrooms | $140K | $154.7K | +10.5% |
| 4 Bedrooms | $170K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Mount Morris housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 10.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Mount Morris, NY
How many homes are available in Mount Morris, NY?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 13 | 8 | -38.5% |
Summary: The Mount Morris real estate market had 8 homes for sale in December 2024, a 38.5% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 8 | 4 | -50.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Mount Morris 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 50%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mount Morris, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Mount Morris in December 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Mount Morris, NY
How long does it take to sell a home in Mount Morris, NY?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 61 Days | 48 Days | -21.1% |
Summary: Homes in Mount Morris had an average of 48 days on market in Dec 2024, down by 21.1% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Mount Morris are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 3 homes were sold in Mount Morris; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
