Is Manorville, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Manorville is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Manorville was a Seller's Market.

Key Takeaway

Manorville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Manorville, NY

How much do homes in Manorville, NY cost?

Median Sold Price

$550,000

$283/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$35,000(+6.8%)

Key Takeaway

Homes in Manorville have sold for 6.8% more than they did a year ago.

Summary: The median home sold price in Manorville was $550,000 in November 2024, up 6.8% from last year, and the median price per square foot was $283.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $316K$119.9K
-62.0%
2 $218K$257.4K
+18.1%
3 $532.5K$565K
+6.1%
4 $727K$744.5K
+2.4%
5+ $770K$789.9K
+2.6%

Summary: Manorville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 62%, 2 bedroom homes increased by 18.1%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 2.6%.

Median Sold Price Compared To Nearby Neighborhoods

Calverton
+9.1%
Manorville
+6.8%
East Moriches
-0.1%

Housing Supply in Manorville, NY

How many homes are available in Manorville, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8879-10.2%

Summary: The Manorville real estate market had 79 homes for sale in November 2024, a 10.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 3026
-13.3%
3 1417
+21.4%
4 2521
-16.0%
5+ 1713
-23.5%

Summary: The Manorville 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 13.3%, 3 bedroom homes increased by 21.4%, 4 bedroom homes decreased by 16%, and 5+ bedroom homes decreased by 23.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1512-20.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Manorville, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in Manorville in November 2024, down by 20.0% month-over-month. Of the 12 sold homes, 42% were sold under asking, 8% were sold at asking, and 50% were sold over asking.

Days on Market for Manorville, NY

How long does it take to sell a home in Manorville, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
44 Days32 Days-27.4%

Summary: Homes in Manorville had an average of 32 days on market in Nov 2024, down by 27.4% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Manorville are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 12 homes were sold in Manorville; 58% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 17 Days Ago

Newest Listings in Manorville, NY

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