$4,155 Closing Credit*
$349,900
3,000 SqFt
6 Beds
•3 Full Baths
Debora L. Clark, Listing Office: Riordan Realty
Is Moravia, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Moravia has remained a Seller's Market.
Key Takeaway
Moravia is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Moravia, NY
How much do homes in Moravia, NY cost?
Median Sold Price
$225,000
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$22,500(+11.1%)
Key Takeaway
Homes in Moravia have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in Moravia was $225,000 in November 2024, up 11.1% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $182.6K | $84K | -54.0% |
| 2 Bedrooms | $131.5K | $183K | +39.2% |
| 3 Bedrooms | $235K | $343.2K | +46.0% |
| 4 Bedrooms | $210K | $228.4K | +8.8% |
| 5+ Bedrooms | $284.5K | $187.6K | -34.0% |
Summary: Moravia housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 54%, 2 bedroom homes increased by 39.2%, 3 bedroom homes increased by 46%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes decreased by 34%.
Housing Supply in Moravia, NY
How many homes are available in Moravia, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 20 | -9.1% |
Summary: The Moravia real estate market had 20 homes for sale in November 2024, a 9.1% 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 13 | 10 | -23.1% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Moravia 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 50%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Moravia, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Moravia in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Moravia, NY
How long does it take to sell a home in Moravia, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 59 Days | +79.9% |
Summary: Homes in Moravia had an average of 59 days on market in Nov 2024, up by 79.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Moravia are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Moravia; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
