$9,358 Closing Credit*
$788,000
1,900 SqFt
3 Beds
•1 Full Bath, 1 Partial
#488117, Listing Office: Momentum Real Estate LLC
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 Buyer's Market.
Key Takeaway
Midland Beach is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Midland Beach, NY
How much do homes in Midland Beach, NY cost?
Median Sold Price
$690,000
$471/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$25,000(-3.5%)
Key Takeaway
Homes in Midland Beach have sold for 3.5% less than they did a month ago.
Summary: The median home sold price in Midland Beach was $690,000 in November 2024, down 3.5% from last month, and the median price per square foot was $471.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $550K | N/A |
| 3 Bedrooms | $715K | $735K | +2.8% |
| 4 Bedrooms | - | $745K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Midland Beach 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 increased by 2.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Midland Beach | $715K | $690K | -3.5% |
| Grant City | $939.9K | $632K | -32.8% |
Housing Supply in Midland Beach, NY
How many homes are available in Midland Beach, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 17 | -22.7% |
Summary: The Midland Beach real estate market had 17 homes for sale in November 2024, a 22.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 13 | 9 | -30.8% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Midland Beach housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 30.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were 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 6 homes were sold or pending in Midland Beach in November 2024, up by 200.0% month-over-month. Of the 6 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 42 Days | +68.7% |
Summary: Homes in Midland Beach had an average of 42 days on market in Nov 2024, up by 68.7% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Midland Beach has remained consistent over time.
Summary: During November 2024, 6 homes were sold in Midland Beach; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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