$2,601 Closing Credit*
$219,000
1,340 SqFt
2 Beds
•1 Full Bath
Randy J Brown, Listing Office: Howard Hanna
Is Edinburg, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Edinburg was a Neutral Market.
Key Takeaway
Edinburg is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Edinburg, NY
How much do homes in Edinburg, NY cost?
Median Sold Price
$990,000
$311/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$282,500(+39.9%)
Key Takeaway
Homes in Edinburg have sold for 39.9% more than they did a month ago.
Summary: The median home sold price in Edinburg was $990,000 in November 2024, up 39.9% from last month, and the median price per square foot was $311.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $165K | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | - | $990K | N/A |
| 5+ Bedrooms | $1.2M | - | N/A |
Summary: Edinburg housing prices by bedroom type for November 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 did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Edinburg | $707.5K | $990K | +39.9% |
| Middle Grove | $315.4K | $430K | +36.3% |
Housing Supply in Edinburg, NY
How many homes are available in Edinburg, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 11 | -21.4% |
Summary: The Edinburg real estate market had 11 homes for sale in November 2024, a 21.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Edinburg 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 remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Edinburg, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Edinburg in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Edinburg, NY
How long does it take to sell a home in Edinburg, NY?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 Days | 13 Days | +4.0% |
Summary: Homes in Edinburg had an average of 13 days on market in Nov 2024, up by 4% compared to last month.
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 Edinburg are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Edinburg; 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.
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.