Is Mendon, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Mendon was a Seller's Market.
Housing Prices in Mendon, NY
How much do homes in Mendon, NY cost?
Median Sold Price
$404,000
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Mendon was $404,000 in April 2024, up 1% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $71.5K | - | N/A |
2 Bedrooms | $159.2K | $300K | +88.3% |
3 Bedrooms | $326K | $317.5K | -2.6% |
4 Bedrooms | $430.2K | $495K | +15.0% |
5+ Bedrooms | $589.4K | $748.5K | +27.0% |
Summary: Mendon housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 88.3%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 15%, and 5+ bedroom homes increased by 27%.
Median Sold Price Compared To Nearby Cities
Henrietta | $233K | $260K | +11.6% |
Honeoye Falls | $355K | $385K | +8.5% |
Mendon | $400K | $404K | +1.0% |
Housing Supply in Mendon, NY
How many homes are available in Mendon, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 13 | 0.0% |
Summary: The Mendon real estate market had 13 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 6 | 4 | -33.3% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Mendon housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Mendon in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Mendon, NY
How long does it take to sell a home in Mendon, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
9 Days | 16 Days | +77.8% |
Summary: Homes in Mendon had an average of 16 days on market in Apr 2024, up by 77.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Mendon; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.