$9,974 Closing Credit*
$839,900
1,440 SqFt
2 Beds
•2 Full Baths
Mary L. Worth, Listing Office: Howard Hanna Lake Group
Is Milo, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Milo was a Seller's Market.
Key Takeaway
Milo is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Milo, NY
How much do homes in Milo, NY cost?
Median Sold Price
$230,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$5,000(-2.1%)
Key Takeaway
Homes in Milo have sold for 2.1% less than they did a year ago.
Summary: The median home sold price in Milo was $230,000 in November 2024, down 2.1% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $365K | $349.5K | -4.2% |
| 2 Bedrooms | $164.5K | $172.5K | +4.9% |
| 3 Bedrooms | $230K | $236.2K | +2.7% |
| 4 Bedrooms | $235K | $199.5K | -15.1% |
| 5+ Bedrooms | $654K | $298.5K | -54.4% |
Summary: Milo housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.2%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 15.1%, and 5+ bedroom homes decreased by 54.4%.
Median Sold Price Compared To Nearby Cities
| Penn Yan | $236K | $282K | +19.5% |
| Milo | $235K | $230K | -2.1% |
Housing Supply in Milo, NY
How many homes are available in Milo, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 23 | -11.5% |
Summary: The Milo real estate market had 23 homes for sale in November 2024, a 11.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 9 | +28.6% |
| 3 Bedrooms | 12 | 9 | -25.0% |
| 4 Bedrooms | 7 | 3 | -57.1% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Milo housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 28.6%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 57.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
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 Milo, 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 Milo in November 2024, down by 40.0% 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 Milo, NY
How long does it take to sell a home in Milo, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 32 Days | +16.4% |
Summary: Homes in Milo had an average of 32 days on market in Nov 2024, up by 16.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Milo has remained consistent over time.
Summary: During November 2024, 3 homes were sold in Milo; 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.
IDX Disclaimer/Disclosure: The data on this website relating to real estate for sale comes in part from the IDX Program of the Multiple Listing Service of the Elmira-Corning Regional Association of REALTORS®, Inc.