$1,769 Closing Credit*
$149,000
2,044 SqFt
4 Beds
•1 Full Bath, 1 Partial
Roger McKee, Listing Office: McKee Real Estate
Is Cincinnatus, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Cincinnatus was a Seller's Market.
Key Takeaway
Cincinnatus is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cincinnatus, NY
How much do homes in Cincinnatus, NY cost?
Median Sold Price
$200,000
$124/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$39,000(+24.2%)
Key Takeaway
Homes in Cincinnatus have sold for 24.2% more than they did a year ago.
Summary: The median home sold price in Cincinnatus was $200,000 in November 2024, up 24.2% from last year, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $24.3K | - | N/A |
| 2 Bedrooms | $150K | $45K | -70.0% |
| 3 Bedrooms | $168.5K | $230K | +36.5% |
| 4 Bedrooms | $285K | $215K | -24.6% |
| 5+ Bedrooms | $216.4K | $171.5K | -20.8% |
Summary: Cincinnatus housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 70%, 3 bedroom homes increased by 36.5%, 4 bedroom homes decreased by 24.6%, and 5+ bedroom homes decreased by 20.8%.
Housing Supply in Cincinnatus, NY
How many homes are available in Cincinnatus, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Summary: The Cincinnatus real estate market had 10 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Cincinnatus housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cincinnatus, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Cincinnatus in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Cincinnatus, NY
How long does it take to sell a home in Cincinnatus, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 44 Days | 6 Days | -86.4% |
Summary: Homes in Cincinnatus had an average of 6 days on market in Nov 2024, down by 86.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cincinnatus are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Cincinnatus; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
