$19,900
1.20 Acres
Land
Patrick D Haggerty, Listing Office: Century 21 Leah's Signature
Is Hannibal, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Hannibal has remained a Seller's Market.
Key Takeaway
Hannibal is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hannibal, NY
How much do homes in Hannibal, NY cost?
Median Sold Price
$238,960
$103/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$46,040(-16.2%)
Key Takeaway
Homes in Hannibal have sold for 16.2% less than they did a month ago.
Summary: The median home sold price in Hannibal was $238,960 in November 2024, down 16.2% from last month, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $377.5K | - | N/A |
| 4 Bedrooms | $115.5K | $238.9K | +106.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: Hannibal 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 increased by 106.9%, and 5+ bedroom homes did not change.
Housing Supply in Hannibal, NY
How many homes are available in Hannibal, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Summary: The Hannibal real estate market had 4 homes for sale in November 2024, a 33.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Hannibal 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 25%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
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 Hannibal, 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 Hannibal in November 2024, down by 66.7% 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 Hannibal, NY
How long does it take to sell a home in Hannibal, NY?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 51 Days | 9 Days | -82.4% |
Summary: Homes in Hannibal had an average of 9 days on market in Nov 2024, down by 82.4% 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 Hannibal are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Hannibal; 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.
