$225,000
0.21 Acres
Land
Listing Office: Legacy Estate Realty
Is Midland Beach, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Midland Beach was a Neutral Market.
Key Takeaway
Midland Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Midland Beach, NY
How much do homes in Midland Beach, NY cost?
Median Sold Price
$715,000
$509/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$2,500(-0.3%)
Key Takeaway
The sold price of homes in Midland Beach has remained the same since last month.
Summary: The median home sold price in Midland Beach was $715,000 in October 2024, down 0.3% from last month, and the median price per square foot was $509.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $740K | $715K | -3.4% |
| 4 Bedrooms | $695K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Midland Beach housing prices by bedroom type for October 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 decreased by 3.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Grant City | $755K | $939.9K | +24.5% |
| Midland Beach | $717.5K | $715K | -0.3% |
| Old Town | $1.1M | $738K | -34.4% |
Housing Supply in Midland Beach, NY
How many homes are available in Midland Beach, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 19 | -20.8% |
Summary: The Midland Beach real estate market had 19 homes for sale in October 2024, a 20.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 14 | 11 | -21.4% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Midland Beach 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 21.4%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Midland Beach, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Midland Beach in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Midland Beach, NY
How long does it take to sell a home in Midland Beach, NY?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 Days | 25 Days | -29.1% |
Summary: Homes in Midland Beach had an average of 25 days on market in Oct 2024, down by 29.1% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Midland Beach are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Midland Beach; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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