$500,000
190.45 Acres
Land
Shayna L Goodson, Listing Office: Oxford Property Group USA
Is Middle Grove, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Middle Grove has remained a Seller's Market.
Key Takeaway
Middle Grove is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Middle Grove, NY
How much do homes in Middle Grove, NY cost?
Median Sold Price
$430,000
$195/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$114,525(+36.3%)
Key Takeaway
Homes in Middle Grove have sold for 36.3% more than they did a month ago.
Summary: The median home sold price in Middle Grove was $430,000 in November 2024, up 36.3% from last month, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $399.9K | - | N/A |
| 2 Bedrooms | $231K | - | N/A |
| 3 Bedrooms | - | $430K | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Middle Grove housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Middle Grove | $315.4K | $430K | +36.3% |
| Rock City Falls | $669.8K | $517K | -22.8% |
Housing Supply in Middle Grove, NY
How many homes are available in Middle Grove, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 13 | 0.0% |
Summary: The Middle Grove real estate market had 13 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 6 | 9 | +50.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Middle Grove housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Middle Grove, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Middle Grove in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Middle Grove, NY
How long does it take to sell a home in Middle Grove, NY?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 10 Days | -33.3% |
Summary: Homes in Middle Grove had an average of 10 days on market in Nov 2024, down by 33.3% compared to last month.
Breakdown of Home Sale Times
3 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 Middle Grove are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Middle Grove; 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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