$1,841 Closing Credit*
$155,000
968 SqFt
2 Beds
•1 Full Bath
Melody L. Gorman, Listing Office: Hunt Real Estate ERA
Is Minoa, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Minoa was a Neutral Market.
Key Takeaway
Minoa is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Minoa, NY
How much do homes in Minoa, NY cost?
Median Sold Price
$251,000
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$45,000(+21.8%)
Key Takeaway
Homes in Minoa have sold for 21.8% more than they did a year ago.
Summary: The median home sold price in Minoa was $251,000 in October 2024, up 21.8% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $140K | $195K | +39.3% |
| 3 Bedrooms | $196K | $249K | +27.0% |
| 4 Bedrooms | $215K | $340K | +58.1% |
| 5+ Bedrooms | $291K | $238.5K | -18.0% |
Summary: Minoa housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 39.3%, 3 bedroom homes increased by 27%, 4 bedroom homes increased by 58.1%, and 5+ bedroom homes decreased by 18%.
Median Sold Price Compared To Nearby Cities
| Minoa | $206K | $251K | +21.8% |
| Kirkville | $216K | $250K | +15.7% |
Housing Supply in Minoa, NY
How many homes are available in Minoa, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 18 | -10.0% |
Summary: The Minoa real estate market had 18 homes for sale in October 2024, a 10.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 10 | 8 | -20.0% |
| 4 Bedrooms | 10 | 8 | -20.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Minoa 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 increased by 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Minoa, 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 Minoa in October 2024, up by 100.0% month-over-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 Minoa, NY
How long does it take to sell a home in Minoa, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 5 Days | 33 Days | +518.8% |
Summary: Homes in Minoa had an average of 33 days on market in Oct 2024, up by 518.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Minoa are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Minoa; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
