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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Minetto is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Minetto was a Neutral Market.

Key Takeaway

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

Housing Prices in Minetto, NY

How much do homes in Minetto, NY cost?

Median Sold Price

$230,000

$152/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$68,000(-22.8%)

Key Takeaway

Homes in Minetto have sold for 22.8% less than they did a month ago.

Summary: The median home sold price in Minetto was $230,000 in December 2024, down 22.8% from last month, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 -$205K
N/A
4 $298K$440K
+47.7%
5+ --
N/A

Summary: Minetto housing prices by bedroom type for December 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 did not change, 4 bedroom homes increased by 47.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Volney
+60.4%
Scriba
+9.5%
Minetto
-22.8%

Housing Supply in Minetto, NY

How many homes are available in Minetto, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
75-28.6%

Summary: The Minetto real estate market had 5 homes for sale in December 2024, a 28.6% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 00
0.0%
3 43
-25.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Minetto 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 25%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Minetto, 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 Minetto in December 2024, up by 300.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.

Days on Market for Minetto, NY

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

Average Sale Time

Nov 2024Dec 2024CHANGE
62 Days16 Days-73.0%

Summary: Homes in Minetto had an average of 16 days on market in Dec 2024, down by 73% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 4 homes were sold in Minetto; 75% of homes were sold within 30 days, 25% 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 5 Days Ago

Newest Listings in Minetto, NY

Nearby Markets to Minetto, NY

What housing markets are near Minetto, NY?