$2,363 Closing Credit*
$199,000
1,544 SqFt
2 Beds
•1 Full Bath, 1 Partial
Lynn M Donnelly, Listing Office: Bontrager RE & Auction Service
Is Marilla, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Marilla was a Buyer's Market.
Key Takeaway
Marilla is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Marilla, NY
How much do homes in Marilla, NY cost?
Median Sold Price
$322,950
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$17,050(-5.0%)
Key Takeaway
Homes in Marilla have sold for 5% less than they did a year ago.
Summary: The median home sold price in Marilla was $322,950 in October 2024, down 5% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $336.2K | $225K | -33.1% |
| 3 Bedrooms | $330.5K | $327K | -1.1% |
| 4 Bedrooms | $335K | $321K | -4.2% |
| 5+ Bedrooms | $497.7K | $73K | -85.3% |
Summary: Marilla 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 decreased by 33.1%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes decreased by 85.3%.
Median Sold Price Compared To Nearby Cities
| Elma | $353.1K | $375K | +6.2% |
| Marilla | $340K | $322.9K | -5.0% |
| Bennington | $308.4K | $279.9K | -9.2% |
Housing Supply in Marilla, NY
How many homes are available in Marilla, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 16 | +23.1% |
Summary: The Marilla real estate market had 16 homes for sale in October 2024, a 23.1% increase 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Marilla 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 100%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Marilla, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Marilla in October 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Marilla, NY
How long does it take to sell a home in Marilla, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 29 Days | +70.6% |
Summary: Homes in Marilla had an average of 29 days on market in Oct 2024, up by 70.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Marilla are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Marilla; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
