$6,519 Closing Credit*
$549,000
1,428 SqFt
3 Beds
•2 Full Baths
Listing Office: Wright Bros Real Estate Inc.
Is Montebello, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Montebello was a Buyer's Market.
Key Takeaway
Montebello is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Montebello, NY
How much do homes in Montebello, NY cost?
Median Sold Price
$930,000
$372/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$85,000(+10.1%)
Key Takeaway
Homes in Montebello have sold for 10.1% more than they did a year ago.
Summary: The median home sold price in Montebello was $930,000 in December 2024, up 10.1% from last year, and the median price per square foot was $372.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $399K | - | N/A |
| 2 Bedrooms | $578K | $750K | +29.8% |
| 3 Bedrooms | $718.7K | $732K | +1.8% |
| 4 Bedrooms | $823K | $888K | +7.9% |
| 5+ Bedrooms | $994.5K | $1.5M | +50.8% |
Summary: Montebello housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 29.8%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 50.8%.
Housing Supply in Montebello, NY
How many homes are available in Montebello, NY?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 32 | 26 | -18.8% |
Summary: The Montebello real estate market had 26 homes for sale in December 2024, a 18.8% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 1 | 3 | +200.0% |
| 4 Bedrooms | 8 | 5 | -37.5% |
| 5+ Bedrooms | 22 | 17 | -22.7% |
Summary: The Montebello 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 increased by 200%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes decreased by 22.7%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Montebello, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Montebello in December 2024, up by 60.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.
Days on Market for Montebello, NY
How long does it take to sell a home in Montebello, NY?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 48 Days | 50 Days | +4.2% |
Summary: Homes in Montebello had an average of 50 days on market in Dec 2024, up by 4.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Montebello has remained consistent over time.
Summary: During December 2024, 8 homes were sold in Montebello; 13% of homes were sold within 30 days, 88% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.