$2,968 Closing Credit*
$249,900
1,128 SqFt
4 Beds
•1 Full Bath, 1 Partial
Terri M. Williams, 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 October 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
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$28,000(+7.0%)
Key Takeaway
Homes in Mendon have sold for 7% more than they did a year ago.
Summary: The median home sold price in Mendon was $427,000 in October 2024, up 7% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | - | N/A |
| 2 Bedrooms | $179.2K | $275K | +53.4% |
| 3 Bedrooms | $379.9K | $352K | -7.3% |
| 4 Bedrooms | $487.5K | $540K | +10.8% |
| 5+ Bedrooms | $425K | $725K | +70.6% |
Summary: Mendon housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 53.4%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 70.6%.
Median Sold Price Compared To Nearby Cities
| Henrietta | $250.9K | $285K | +13.6% |
| Honeoye Falls | $365K | $409.5K | +12.2% |
| Mendon | $399K | $427K | +7.0% |
Housing Supply in Mendon, NY
How many homes are available in Mendon, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 24 | +4.3% |
Summary: The Mendon real estate market had 24 homes for sale in October 2024, a 4.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 4 | +300.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Mendon housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 300%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were 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 October 2024, down by 28.6% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 18 Days | 10 Days | -43.0% |
Summary: Homes in Mendon had an average of 10 days on market in Oct 2024, down by 43% 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 October 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.
