$2,374 Closing Credit*
$199,900
1,056 SqFt
3 Beds
•1 Full Bath
Jennie Chapin, Listing Office: Chapin Real Estate
Is Manlius, 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, Manlius has remained a Seller's Market.
Key Takeaway
Manlius is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Manlius, NY
How much do homes in Manlius, NY cost?
Median Sold Price
$385,000
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$30,000(-7.2%)
Key Takeaway
Homes in Manlius have sold for 7.2% less than they did a year ago.
Summary: The median home sold price in Manlius was $385,000 in October 2024, down 7.2% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $250K | N/A |
| 2 Bedrooms | $211K | $269.9K | +27.9% |
| 3 Bedrooms | $295K | $298K | +1.0% |
| 4 Bedrooms | $460K | $430K | -6.5% |
| 5+ Bedrooms | $581.2K | $489.9K | -15.7% |
Summary: Manlius 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 27.9%, 3 bedroom homes increased by 1%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes decreased by 15.7%.
Housing Supply in Manlius, NY
How many homes are available in Manlius, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 74 | 61 | -17.6% |
Summary: The Manlius real estate market had 61 homes for sale in October 2024, a 17.6% 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 | 11 | 13 | +18.2% |
| 3 Bedrooms | 17 | 14 | -17.6% |
| 4 Bedrooms | 38 | 28 | -26.3% |
| 5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The Manlius 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 18.2%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes decreased by 26.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 19 | +26.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Manlius, you could pay more than the asking price. 52.6% of homes here sold above asking price last month.
Summary: A total of 19 homes were sold or pending in Manlius in October 2024, up by 26.7% month-over-month. Of the 19 sold homes, 37% were sold under asking, 11% were sold at asking, and 53% were sold over asking.
Days on Market for Manlius, NY
How long does it take to sell a home in Manlius, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 10 Days | 18 Days | +78.1% |
Summary: Homes in Manlius had an average of 18 days on market in Oct 2024, up by 78.1% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Manlius are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 19 homes were sold in Manlius; 84% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
