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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Moriah is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Moriah has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Moriah, NY

How much do homes in Moriah, NY cost?

Median Sold Price

$160,000

$105/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$40,000(+33.3%)

Key Takeaway

Homes in Moriah have sold for 33.3% more than they did a year ago.

Summary: The median home sold price in Moriah was $160,000 in November 2024, up 33.3% from last year, and the median price per square foot was $105.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $130K$140.7K
+8.2%
3 $106.8K$165K
+54.5%
4 $119.9K$138.1K
+15.2%
5+ $110K$285K
+159.1%

Summary: Moriah housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 54.5%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes increased by 159.1%.

Housing Supply in Moriah, NY

How many homes are available in Moriah, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3226-18.8%

Summary: The Moriah real estate market had 26 homes for sale in November 2024, a 18.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 32
-33.3%
3 1513
-13.3%
4 109
-10.0%
5+ 32
-33.3%

Summary: The Moriah housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Moriah, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Moriah in November 2024, up by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Moriah, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
10 Days22 Days+114.1%

Summary: Homes in Moriah had an average of 22 days on market in Nov 2024, up by 114.1% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 6 homes were sold in Moriah; 67% of homes were sold within 30 days, 33% 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 21 Days Ago

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