$4,155 Closing Credit*
$349,900
1,931 SqFt
4 Beds
•2 Full Baths, 1 Partial
Mark A. Siwiec, Listing Office: Elysian Homes by Mark Siwiec and Associates
Is Macedon, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Macedon has remained a Seller's Market.
Key Takeaway
Macedon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Macedon, NY
How much do homes in Macedon, NY cost?
Median Sold Price
$301,000
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$13,500(+4.7%)
Key Takeaway
Homes in Macedon have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Macedon was $301,000 in October 2024, up 4.7% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $16K | N/A |
| 2 Bedrooms | $179.5K | $300K | +67.1% |
| 3 Bedrooms | $273.7K | $291K | +6.3% |
| 4 Bedrooms | $360K | $310K | -13.9% |
| 5+ Bedrooms | $363K | $377.5K | +4.0% |
Summary: Macedon 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 67.1%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 13.9%, and 5+ bedroom homes increased by 4%.
Housing Supply in Macedon, NY
How many homes are available in Macedon, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 19 | -13.6% |
Summary: The Macedon real estate market had 19 homes for sale in October 2024, a 13.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 9 | 5 | -44.4% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Macedon 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 increased by 66.7%, 3 bedroom homes decreased by 44.4%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Macedon, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Macedon in October 2024, up by 60.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Macedon, NY
How long does it take to sell a home in Macedon, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 10 Days | 12 Days | +21.0% |
Summary: Homes in Macedon had an average of 12 days on market in Oct 2024, up by 21% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Macedon are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Macedon; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
