Is Moriarty, NM a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Moriarty is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Moriarty has remained a Buyer's Market.

Key Takeaway

Moriarty is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Moriarty, NM

How much do homes in Moriarty, NM cost?

Median Sold Price

$235,325

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$17,075(+7.8%)

Key Takeaway

Homes in Moriarty have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in Moriarty was $235,325 in October 2024, up 7.8% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$133K
N/A
2 $197.7K$213.9K
+8.2%
3 $216K$244.6K
+13.3%
4 $484.9K$248.7K
-48.7%
5+ $405K-
N/A

Summary: Moriarty housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 13.3%, 4 bedroom homes decreased by 48.7%, and 5+ bedroom homes did not change.

Housing Supply in Moriarty, NM

How many homes are available in Moriarty, NM?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2119-9.5%

Summary: The Moriarty real estate market had 19 homes for sale in October 2024, a 9.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 44
0.0%
3 99
0.0%
4 75
-28.6%
5+ 11
0.0%

Summary: The Moriarty housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Moriarty, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Moriarty in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Moriarty, NM

How long does it take to sell a home in Moriarty, NM?

Average Sale Time

Oct 2023Oct 2024CHANGE
51 Days68 Days+33.3%

Summary: Homes in Moriarty had an average of 68 days on market in Oct 2024, up by 33.3% compared to last year.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Moriarty has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Moriarty; 0% of homes were sold within 30 days, 100% 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

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