$2,957 Closing Credit*
$249,000
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 Last Month
Since last month, Marilla has remained a Seller'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
$330,000
$179/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$25,000(-7.0%)
Key Takeaway
Homes in Marilla have sold for 7% less than they did a month ago.
Summary: The median home sold price in Marilla was $330,000 in November 2024, down 7% from last month, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $425K | $332.5K | -21.8% |
| 4 Bedrooms | $332.5K | $250K | -24.8% |
| 5+ Bedrooms | $280K | - | N/A |
Summary: Marilla housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 21.8%, 4 bedroom homes decreased by 24.8%, and 5+ bedroom homes did not change.
Housing Supply in Marilla, NY
How many homes are available in Marilla, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 12 | -40.0% |
Summary: The Marilla real estate market had 12 homes for sale in November 2024, a 40.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 10 | 6 | -40.0% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Marilla 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 remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Marilla, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Marilla in November 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% 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 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 72 Days | 35 Days | -50.9% |
Summary: Homes in Marilla had an average of 35 days on market in Nov 2024, down by 50.9% compared to last month.
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 November 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.
