$8,550 Closing Credit*
$720,000
2,836 SqFt
5 Beds
•4 Full Baths, 1 Partial
Anna Baker, Listing Office: Trevett Group LLC
Is Mechanicville, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Mechanicville has remained a Seller's Market.
Key Takeaway
Mechanicville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mechanicville, NY
How much do homes in Mechanicville, NY cost?
Median Sold Price
$433,500
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$55,330(+14.6%)
Key Takeaway
Homes in Mechanicville have sold for 14.6% more than they did a year ago.
Summary: The median home sold price in Mechanicville was $433,500 in November 2024, up 14.6% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $285K | $328K | +15.1% |
| 3 Bedrooms | $385.9K | $420K | +8.8% |
| 4 Bedrooms | $510K | $560K | +9.8% |
| 5+ Bedrooms | $250K | $268K | +7.2% |
Summary: Mechanicville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.1%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 7.2%.
Median Sold Price Compared To Nearby Cities
| Mechanicville | $378.1K | $433.5K | +14.6% |
| Halfmoon | $446.5K | $471.6K | +5.6% |
| Melrose | $275K | $275K | 0.0% |
Housing Supply in Mechanicville, NY
How many homes are available in Mechanicville, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 66 | 51 | -22.7% |
Summary: The Mechanicville real estate market had 51 homes for sale in November 2024, a 22.7% 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 | 9 | 7 | -22.2% |
| 3 Bedrooms | 31 | 30 | -3.2% |
| 4 Bedrooms | 21 | 12 | -42.9% |
| 5+ Bedrooms | 5 | 2 | -60.0% |
Summary: The Mechanicville 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 decreased by 22.2%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes decreased by 60%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 12 | -33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mechanicville, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Mechanicville in November 2024, down by 33.3% month-over-month. Of the 12 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for Mechanicville, NY
How long does it take to sell a home in Mechanicville, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 59 Days | 33 Days | -43.0% |
Summary: Homes in Mechanicville had an average of 33 days on market in Nov 2024, down by 43% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Mechanicville are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 12 homes were sold in Mechanicville; 67% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.