$5,580 Closing Credit*
$469,900
1,755 SqFt
2 Beds
•2 Full Baths, 1 Partial
William Arieno, Listing Office: Howard Hanna
Is Mendon, 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, Mendon has remained a Seller's Market.
Key Takeaway
Mendon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mendon, NY
How much do homes in Mendon, NY cost?
Median Sold Price
$427,000
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$35,000(+8.9%)
Key Takeaway
Homes in Mendon have sold for 8.9% more than they did a year ago.
Summary: The median home sold price in Mendon was $427,000 in November 2024, up 8.9% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | - | N/A |
| 2 Bedrooms | $174.1K | $275K | +57.9% |
| 3 Bedrooms | $340K | $365K | +7.4% |
| 4 Bedrooms | $480K | $563.5K | +17.4% |
| 5+ Bedrooms | $427.5K | $725K | +69.6% |
Summary: Mendon 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 57.9%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes increased by 69.6%.
Median Sold Price Compared To Nearby Cities
| Honeoye Falls | $355K | $404K | +13.8% |
| Henrietta | $255K | $284.9K | +11.7% |
| Mendon | $392K | $427K | +8.9% |
| West Bloomfield | $311.2K | $325K | +4.4% |
Housing Supply in Mendon, NY
How many homes are available in Mendon, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 18 | -30.8% |
Summary: The Mendon real estate market had 18 homes for sale in November 2024, a 30.8% 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 | 4 | 2 | -50.0% |
| 3 Bedrooms | 10 | 7 | -30.0% |
| 4 Bedrooms | 10 | 8 | -20.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Mendon 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 50%, 3 bedroom homes decreased by 30%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mendon, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Mendon in November 2024, down by 37.5% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 9 Days | 7 Days | -25.0% |
Summary: Homes in Mendon had an average of 7 days on market in Nov 2024, down by 25% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mendon are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 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.
