Is Middleburgh, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Middleburgh is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Middleburgh was a Seller's Market.

Key Takeaway

Middleburgh is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Middleburgh, NY

How much do homes in Middleburgh, NY cost?

Median Sold Price

$225,000

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$31,975(+16.6%)

Key Takeaway

Homes in Middleburgh have sold for 16.6% more than they did a year ago.

Summary: The median home sold price in Middleburgh was $225,000 in October 2024, up 16.6% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$200K
N/A
2 $165K$217K
+31.5%
3 $230K$206.2K
-10.3%
4 $190K$291.5K
+53.4%
5+ $390K$472.5K
+21.2%

Summary: Middleburgh 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 31.5%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes increased by 53.4%, and 5+ bedroom homes increased by 21.2%.

Housing Supply in Middleburgh, NY

How many homes are available in Middleburgh, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
23230.0%

Summary: The Middleburgh real estate market had 23 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 77
0.0%
3 98
-11.1%
4 66
0.0%
5+ 01
+100.0%

Summary: The Middleburgh 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 remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Middleburgh, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Middleburgh in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Middleburgh, NY

How long does it take to sell a home in Middleburgh, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
19 Days90 Days+368.1%

Summary: Homes in Middleburgh had an average of 90 days on market in Oct 2024, up by 368.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Middleburgh are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Middleburgh; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

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