$1,780 Closing Credit*
$149,900
1,344 SqFt
3 Beds
•1 Full Bath
Christy Mein, Listing Office: Empire Realty Group
Is Maplewood, 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, Maplewood has remained a Seller's Market.
Key Takeaway
Maplewood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Maplewood, NY
How much do homes in Maplewood, NY cost?
Median Sold Price
$152,000
$90/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,000(+12.6%)
Key Takeaway
Homes in Maplewood have sold for 12.6% more than they did a year ago.
Summary: The median home sold price in Maplewood was $152,000 in October 2024, up 12.6% from last year, and the median price per square foot was $90.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $86.4K | - | N/A |
| 2 Bedrooms | $114K | $140K | +22.8% |
| 3 Bedrooms | $130K | $158K | +21.5% |
| 4 Bedrooms | $153K | $136.7K | -10.6% |
| 5+ Bedrooms | $162.5K | $153.5K | -5.5% |
Summary: Maplewood 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 22.8%, 3 bedroom homes increased by 21.5%, 4 bedroom homes decreased by 10.6%, and 5+ bedroom homes decreased by 5.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Edgerton | $66.5K | $84K | +26.3% |
| Charlotte | $161K | $183K | +13.7% |
| Maplewood | $135K | $152K | +12.6% |
| Lyell / Otis | $80K | $80.4K | 0.5% |
Housing Supply in Maplewood, NY
How many homes are available in Maplewood, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 69 | 61 | -11.6% |
Summary: The Maplewood real estate market had 61 homes for sale in October 2024, a 11.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 32 | 24 | -25.0% |
| 4 Bedrooms | 17 | 18 | +5.9% |
| 5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The Maplewood 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 18 | +5.9% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Maplewood, you could pay more than the asking price. 61.1% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in Maplewood in October 2024, up by 5.9% month-over-month. Of the 18 sold homes, 39% were sold under asking, 0% were sold at asking, and 61% were sold over asking.
Days on Market for Maplewood, NY
How long does it take to sell a home in Maplewood, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 9 Days | 17 Days | +85.1% |
Summary: Homes in Maplewood had an average of 17 days on market in Oct 2024, up by 85.1% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Maplewood are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 18 homes were sold in Maplewood; 94% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
