Is Mount Vision, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mount Vision is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Mount Vision was a Buyer's Market.

Key Takeaway

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

Housing Prices in Mount Vision, NY

How much do homes in Mount Vision, NY cost?

Median Sold Price

$225,000

$78/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$110,000(+95.7%)

Key Takeaway

Homes in Mount Vision have sold for 95.7% more than they did a year ago.

Summary: The median home sold price in Mount Vision was $225,000 in October 2024, up 95.7% from last year, and the median price per square foot was $78.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $168.2K$300K
+78.3%
3 $147.5K$225K
+52.5%
4 $174.9K$165K
-5.7%
5+ $101K-
N/A

Summary: Mount Vision housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 78.3%, 3 bedroom homes increased by 52.5%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mount Vision
+95.7%
New Lisbon
+19.7%
Hartwick
-11.9%

Housing Supply in Mount Vision, NY

How many homes are available in Mount Vision, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
43-25.0%

Summary: The Mount Vision real estate market had 3 homes for sale in October 2024, a 25.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 00
0.0%
3 21
-50.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Mount Vision 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mount Vision, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Mount Vision in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Mount Vision, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
6 Days37 Days+516.7%

Summary: Homes in Mount Vision had an average of 37 days on market in Oct 2024, up by 516.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Mount Vision has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Mount Vision; 0% of homes were sold within 30 days, 100% 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 20 Days Ago

Newest Listings in Mount Vision, NY

Nearby Markets to Mount Vision, NY