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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Moriah is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Moriah was a Buyer's Market.

Key Takeaway

Moriah is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Moriah, NY

How much do homes in Moriah, NY cost?

Median Sold Price

$282,000

$119/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$112,400(+66.3%)

Key Takeaway

Homes in Moriah have sold for 66.3% more than they did a month ago.

Summary: The median home sold price in Moriah was $282,000 in October 2024, up 66.3% from last month, and the median price per square foot was $119.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $169.6K$108K
-36.3%
4 -$415K
N/A
5+ -$470K
N/A

Summary: Moriah housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 36.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Moriah
+66.3%
Mineville
-60.5%

Housing Supply in Moriah, NY

How many homes are available in Moriah, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3025-16.7%

Summary: The Moriah real estate market had 25 homes for sale in October 2024, a 16.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 33
0.0%
3 1611
-31.3%
4 89
+12.5%
5+ 21
-50.0%

Summary: The Moriah 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 remained the same, 3 bedroom homes decreased by 31.3%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 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. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Moriah in October 2024, up by 300.0% 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 Moriah, NY

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

Average Sale Time

Sep 2024Oct 2024CHANGE
18 Days35 Days+94.4%

Summary: Homes in Moriah had an average of 35 days on market in Oct 2024, up by 94.4% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in Moriah; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Moriah, NY

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