$9,499 Closing Credit*
$799,900
3,400 SqFt
4 Beds
•2 Full Baths, 1 Partial
Molly Elliott, Listing Office: Howard Hanna Real Estate
Is Moravia, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Moravia has remained a Buyer's Market.
Key Takeaway
Moravia is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Moravia, NY
How much do homes in Moravia, NY cost?
Median Sold Price
$249,900
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$48,300(+24.0%)
Key Takeaway
Homes in Moravia have sold for 24% more than they did a year ago.
Summary: The median home sold price in Moravia was $249,900 in October 2024, up 24% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $182.6K | $84K | -54.0% |
| 2 Bedrooms | $132.7K | $183K | +37.9% |
| 3 Bedrooms | $202.5K | $300K | +48.1% |
| 4 Bedrooms | $210K | $228.4K | +8.8% |
| 5+ Bedrooms | $284.5K | $187.6K | -34.0% |
Summary: Moravia housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 54%, 2 bedroom homes increased by 37.9%, 3 bedroom homes increased by 48.1%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 19 | +46.2% |
Summary: The Moravia real estate market had 19 homes for sale in October 2024, a 46.2% increase 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 | 1 | 2 | +100.0% |
| 3 Bedrooms | 8 | 10 | +25.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Moravia 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 increased by 25%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Moravia, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Moravia in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 15 Days | -58.3% |
Summary: Homes in Moravia had an average of 15 days on market in Oct 2024, down by 58.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Moravia are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Moravia; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
