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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Middleport is a seller's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Middleport was a Buyer's Market.

Key Takeaway

Middleport is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Middleport, NY

How much do homes in Middleport, NY cost?

Median Sold Price

$199,900

$120/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$25,000(+14.3%)

Key Takeaway

Homes in Middleport have sold for 14.3% more than they did a year ago.

Summary: The median home sold price in Middleport was $199,900 in December 2024, up 14.3% from last year, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $95.2K-
N/A
2 $167K$200K
+19.7%
3 $184.9K$222.5K
+20.3%
4 $166.9K$190K
+13.8%
5+ $223.5K$190K
-15.0%

Summary: Middleport housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.7%, 3 bedroom homes increased by 20.3%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes decreased by 15%.

Median Sold Price Compared To Nearby Cities

Middleport
+14.3%
Hartland
+1.0%
Royalton
-10.1%

Housing Supply in Middleport, NY

How many homes are available in Middleport, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1814-22.2%

Summary: The Middleport real estate market had 14 homes for sale in December 2024, a 22.2% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 64
-33.3%
4 65
-16.7%
5+ 54
-20.0%

Summary: The Middleport housing inventory by bedroom type for December 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 16.7%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
440.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Middleport, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Middleport in December 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.

Days on Market for Middleport, NY

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

Average Sale Time

Dec 2023Dec 2024CHANGE
4 Days13 Days+225.0%

Summary: Homes in Middleport had an average of 13 days on market in Dec 2024, up by 225% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 4 homes were sold in Middleport; 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.

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

Report Updated 6 Days Ago

Newest Listings in Middleport, NY

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