Is East Meredith, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Meredith is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, East Meredith was a Neutral Market.

Key Takeaway

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

Housing Prices in East Meredith, NY

How much do homes in East Meredith, NY cost?

Median Sold Price

$270,000

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,000(+3.8%)

Key Takeaway

Homes in East Meredith have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in East Meredith was $270,000 in November 2024, up 3.8% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $305K$270K
-11.5%
3 $297.5K$340K
+14.3%
4 $201.5K$160K
-20.6%
5+ -$255K
N/A

Summary: East Meredith 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 11.5%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 20.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Meredith
+21.2%
East Meredith
+3.8%

Housing Supply in East Meredith, NY

How many homes are available in East Meredith, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
84-50.0%

Summary: The East Meredith real estate market had 4 homes for sale in November 2024, a 50.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 84
-50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The East Meredith housing inventory by bedroom type for November 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 remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Meredith, 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 East Meredith in November 2024, down by 75.0% month-over-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 East Meredith, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
15 Days118 Days+686.7%

Summary: Homes in East Meredith had an average of 118 days on market in Nov 2024, up by 686.7% compared to last year.

Breakdown of Home Sale Times

0 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

Most homes in East Meredith are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in East Meredith; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 22 Days Ago

Newest Listings in East Meredith, NY

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