$150,000
40.10 Acres
Land
Susan Muther, Listing Office: Keller Williams Upstate NY Properties
Is Meredith, 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, Meredith has remained a Seller's Market.
Key Takeaway
Meredith is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Meredith, NY
How much do homes in Meredith, NY cost?
Median Sold Price
$300,000
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$52,375(+21.2%)
Key Takeaway
Homes in Meredith have sold for 21.2% more than they did a year ago.
Summary: The median home sold price in Meredith was $300,000 in November 2024, up 21.2% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $300K | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $227.5K | $342K | +50.3% |
| 4 Bedrooms | $235.2K | $160K | -32.0% |
| 5+ Bedrooms | $415K | $255K | -38.6% |
Summary: Meredith 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 did not change, 3 bedroom homes increased by 50.3%, 4 bedroom homes decreased by 32%, and 5+ bedroom homes decreased by 38.6%.
Median Sold Price Compared To Nearby Cities
| Meredith | $247.6K | $300K | +21.2% |
| East Meredith | $260K | $270K | +3.8% |
Housing Supply in Meredith, NY
How many homes are available in Meredith, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Summary: The Meredith real estate market had 5 homes for sale in November 2024, a 37.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 3 | 1 | -66.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Meredith 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Meredith, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Meredith in November 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Meredith, NY
How long does it take to sell a home in Meredith, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 12 Days | -32.4% |
Summary: Homes in Meredith had an average of 12 days on market in Nov 2024, down by 32.4% 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
Key Takeaway
Many homes in Meredith are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Meredith; 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.
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Information should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 Columbia Greene Northern Dutchess Multiple Listing Service. All rights reserved.