Is Manhattan Valley, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Manhattan Valley is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Manhattan Valley has remained a Buyer's Market.

Key Takeaway

Manhattan Valley is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Manhattan Valley, NY

How much do homes in Manhattan Valley, NY cost?

Median Sold Price

$654,500

$1,089/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$730,500(-52.7%)

Key Takeaway

Homes in Manhattan Valley have sold for 52.7% less than they did a month ago.

Summary: The median home sold price in Manhattan Valley was $654,500 in October 2024, down 52.7% from last month, and the median price per square foot was $1,089.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $595K$644.5K
+8.3%
2 -$1.7M
N/A
3 $2.2M-
N/A
4 --
N/A
5+ --
N/A

Summary: Manhattan Valley housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes increased by 8.3%, 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.

Housing Supply in Manhattan Valley, NY

How many homes are available in Manhattan Valley, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7577+2.7%

Summary: The Manhattan Valley real estate market had 77 homes for sale in October 2024, a 2.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 2023
+15.0%
2 2426
+8.3%
3 2318
-21.7%
4 57
+40.0%
5+ 33
0.0%

Summary: The Manhattan Valley housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 15%, 2 bedroom homes increased by 8.3%, 3 bedroom homes decreased by 21.7%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
78+14.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Manhattan Valley, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in Manhattan Valley in October 2024, up by 14.3% month-over-month. Of the 8 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Manhattan Valley, NY

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Manhattan Valley, NY

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