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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Masonville is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Masonville was a Buyer's Market.

Key Takeaway

Masonville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Masonville, NY

How much do homes in Masonville, NY cost?

Median Sold Price

$499,000

$226/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$234,100(+88.4%)

Key Takeaway

Homes in Masonville have sold for 88.4% more than they did a month ago.

Summary: The median home sold price in Masonville was $499,000 in October 2024, up 88.4% from last month, and the median price per square foot was $226.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$190K
N/A
3 $264.9K$499K
+88.4%
4 -$520K
N/A
5+ --
N/A

Summary: Masonville housing prices by bedroom type for October 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 increased by 88.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Tompkins
+247.5%
Masonville
+88.4%
Deposit
+43.3%

Housing Supply in Masonville, NY

How many homes are available in Masonville, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
98-11.1%

Summary: The Masonville real estate market had 8 homes for sale in October 2024, a 11.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 11
0.0%
3 32
-33.3%
4 44
0.0%
5+ 01
+100.0%

Summary: The Masonville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Masonville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Masonville in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Masonville, NY

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

Average Sale Time

Sep 2024Oct 2024CHANGE
113 Days72 Days-36.3%

Summary: Homes in Masonville had an average of 72 days on market in Oct 2024, down by 36.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Masonville; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 20 Days Ago

Newest Listings in Masonville, NY

Nearby Markets to Masonville, NY