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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maplewood is a seller's market

Buyer's
Market

Difference Since December 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

$150,000

$90/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$12,550(+9.1%)

Key Takeaway

Homes in Maplewood have sold for 9.1% more than they did a year ago.

Summary: The median home sold price in Maplewood was $150,000 in December 2024, up 9.1% from last year, and the median price per square foot was $90.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $86.4K$85K
-1.6%
2 $115K$134.5K
+17.0%
3 $139.9K$156K
+11.5%
4 $153K$136.6K
-10.7%
5+ $155K$153.5K
-1.0%

Summary: Maplewood housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.6%, 2 bedroom homes increased by 17%, 3 bedroom homes increased by 11.5%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes decreased by 1%.

Median Sold Price Compared To Nearby Neighborhoods

Edgerton
+24.1%
Charlotte
+20.7%
Maplewood
+9.1%
Lyell / Otis
+4.8%

Housing Supply in Maplewood, NY

How many homes are available in Maplewood, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
5544-20.0%

Summary: The Maplewood real estate market had 44 homes for sale in December 2024, a 20.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 20
-100.0%
2 85
-37.5%
3 2017
-15.0%
4 1113
+18.2%
5+ 149
-35.7%

Summary: The Maplewood housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 37.5%, 3 bedroom homes decreased by 15%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes decreased by 35.7%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1814-22.2%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maplewood, you could pay more than the asking price. 64.3% of homes here sold above asking price last month.

Summary: A total of 14 homes were sold or pending in Maplewood in December 2024, down by 22.2% month-over-month. Of the 14 sold homes, 36% were sold under asking, 0% were sold at asking, and 64% 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

Dec 2023Dec 2024CHANGE
16 Days28 Days+70.7%

Summary: Homes in Maplewood had an average of 28 days on market in Dec 2024, up by 70.7% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 14 homes were sold in Maplewood; 64% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 7% 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 8 Days Ago

Newest Listings in Maplewood, NY

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