$2,244 Closing Credit*
$189,000
1,145 SqFt
3 Beds
•2 Full Baths
David F. Andrulis, Listing Office: RE/MAX Realty Group
Is Macedon, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Macedon was a Neutral 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
$307,500
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$21,500(+7.5%)
Key Takeaway
Homes in Macedon have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in Macedon was $307,500 in November 2024, up 7.5% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $16K | N/A |
| 2 Bedrooms | $179.5K | $300K | +67.1% |
| 3 Bedrooms | $270K | $301.5K | +11.7% |
| 4 Bedrooms | $370K | $328K | -11.4% |
| 5+ Bedrooms | $406.5K | $377.5K | -7.1% |
Summary: Macedon 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 increased by 67.1%, 3 bedroom homes increased by 11.7%, 4 bedroom homes decreased by 11.4%, and 5+ bedroom homes decreased by 7.1%.
Housing Supply in Macedon, NY
How many homes are available in Macedon, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 11 | -56.0% |
Summary: The Macedon real estate market had 11 homes for sale in November 2024, a 56.0% 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 | 5 | 2 | -60.0% |
| 3 Bedrooms | 6 | 3 | -50.0% |
| 4 Bedrooms | 10 | 4 | -60.0% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Macedon 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 decreased by 60%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 5 | -54.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Macedon, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Macedon in November 2024, down by 54.5% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 6 Days | 18 Days | +173.0% |
Summary: Homes in Macedon had an average of 18 days on market in Nov 2024, up by 173% compared to last year.
Breakdown of Home Sale Times
4 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 November 2024, 5 homes were sold in Macedon; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
