$8,313 Closing Credit*
$700,000
3,744 SqFt
3 Beds
•2 Full Baths, 1 Partial
Howard Payson, Listing Office: Re/Max Town & Country
Is East Meredith, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$19,500(+7.8%)
Key Takeaway
Homes in East Meredith have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in East Meredith was $270,000 in October 2024, up 7.8% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $240K | $270K | +12.5% |
| 3 Bedrooms | $260K | $334K | +28.5% |
| 4 Bedrooms | $201.5K | $160K | -20.6% |
| 5+ Bedrooms | - | $255K | N/A |
Summary: East Meredith 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 12.5%, 3 bedroom homes increased by 28.5%, 4 bedroom homes decreased by 20.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Davenport | $167.2K | $219.5K | +31.2% |
| East Meredith | $250.5K | $270K | +7.8% |
Housing Supply in East Meredith, NY
How many homes are available in East Meredith, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Summary: The East Meredith real estate market had 8 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The East Meredith 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 decreased by 100%, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Meredith, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in East Meredith in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 15 Days | +27.1% |
Summary: Homes in East Meredith had an average of 15 days on market in Oct 2024, up by 27.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Meredith are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in East Meredith; 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.
