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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Manorhaven is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Manorhaven has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Manorhaven, NY

How much do homes in Manorhaven, NY cost?

Median Sold Price

$850,000

$521/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$490,000(-36.6%)

Key Takeaway

Homes in Manorhaven have sold for 36.6% less than they did a month ago.

Summary: The median home sold price in Manorhaven was $850,000 in April 2024, down 36.6% from last month, and the median price per square foot was $521.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 $295K-
N/A
2 --
N/A
3 --
N/A
4 $1.3M$842.5K
-37.1%
5+ $1.7M$1.1M
-31.9%

Summary: Manorhaven housing prices by bedroom type for April 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 did not change, 4 bedroom homes decreased by 37.1%, and 5+ bedroom homes decreased by 31.9%.

Housing Supply in Manorhaven, NY

How many homes are available in Manorhaven, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1715-11.8%

Summary: The Manorhaven real estate market had 15 homes for sale in April 2024, a 11.8% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 21
-50.0%
2 22
0.0%
3 22
0.0%
4 65
-16.7%
5+ 55
0.0%

Summary: The Manorhaven housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
330.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Manorhaven, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Manorhaven in April 2024, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Manorhaven, NY

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

Average Sale Time

Mar 2024Apr 2024CHANGE
74 Days22 Days-70.4%

Summary: Homes in Manorhaven had an average of 22 days on market in Apr 2024, down by 70.4% compared to last month.

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 Manorhaven are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in Manorhaven; 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 17 Days Ago

Newest Listings in Manorhaven, NY

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