$1,483 Closing Credit*
$124,900
1,168 SqFt
2 Beds
•1 Full Bath
Anthony I. Scorsone, Listing Office: RE/MAX Plus
Is Mount Morris, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Mount Morris has remained a Seller's Market.
Key Takeaway
Mount Morris is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mount Morris, NY
How much do homes in Mount Morris, NY cost?
Median Sold Price
$165,000
$106/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$7,500(+4.8%)
Key Takeaway
Homes in Mount Morris have sold for 4.8% more than they did a month ago.
Summary: The median home sold price in Mount Morris was $165,000 in November 2024, up 4.8% from last month, and the median price per square foot was $106.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $165K | - | N/A |
| 3 Bedrooms | $150K | $140K | -6.7% |
| 4 Bedrooms | - | $170K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Mount Morris housing prices by bedroom type for November 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 6.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Mount Morris, NY
How many homes are available in Mount Morris, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 12 | -33.3% |
Summary: The Mount Morris real estate market had 12 homes for sale in November 2024, a 33.3% 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 | 3 | 2 | -33.3% |
| 3 Bedrooms | 12 | 8 | -33.3% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Mount Morris 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 decreased by 33.3%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Mount Morris, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Mount Morris in November 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Mount Morris, NY
How long does it take to sell a home in Mount Morris, NY?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 61 Days | +134.2% |
Summary: Homes in Mount Morris had an average of 61 days on market in Nov 2024, up by 134.2% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Mount Morris are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Mount Morris; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
