Is North Marketview Heights, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Marketview Heights is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, North Marketview Heights has remained a Seller's Market.

Key Takeaway

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

Housing Prices in North Marketview Heights, NY

How much do homes in North Marketview Heights, NY cost?

Median Sold Price

$70,000

$46/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$9,000(-11.4%)

Key Takeaway

Homes in North Marketview Heights have sold for 11.4% less than they did a year ago.

Summary: The median home sold price in North Marketview Heights was $70,000 in April 2024, down 11.4% from last year, and the median price per square foot was $46.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $75K$44.7K
-40.3%
3 $77K$70K
-9.1%
4 $70K$65K
-7.1%
5+ $89.5K$90K
+0.6%

Summary: North Marketview Heights 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 decreased by 40.3%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 0.6%.

Median Sold Price Compared To Nearby Neighborhoods

South Marketview Heights
+88.0%
Northland Lyceum
+23.1%
Homestead Heights
-0.9%
North Marketview Heights
-11.4%
Beechwood
-18.4%

Housing Supply in North Marketview Heights, NY

How many homes are available in North Marketview Heights, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2016-20.0%

Summary: The North Marketview Heights real estate market had 16 homes for sale in April 2024, a 20.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 95
-44.4%
4 66
0.0%
5+ 55
0.0%

Summary: The North Marketview Heights 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 decreased by 44.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Marketview Heights, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in North Marketview Heights in April 2024, down by 16.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for North Marketview Heights, NY

How long does it take to sell a home in North Marketview Heights, NY?

Average Sale Time

Apr 2023Apr 2024CHANGE
12 Days34 Days+168.7%

Summary: Homes in North Marketview Heights had an average of 34 days on market in Apr 2024, up by 168.7% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in North Marketview Heights are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 5 homes were sold in North Marketview Heights; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% 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 6 Days Ago

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