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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Munnsville is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Munnsville, NY

How much do homes in Munnsville, NY cost?

Median Sold Price

$169,750

$97/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$20,250(-10.7%)

Key Takeaway

Homes in Munnsville have sold for 10.7% less than they did a year ago.

Summary: The median home sold price in Munnsville was $169,750 in November 2024, down 10.7% from last year, and the median price per square foot was $97.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $132.5K$156K
+17.7%
3 $238.5K$178K
-25.4%
4 $185K$228.2K
+23.4%
5+ -$182.5K
N/A

Summary: Munnsville 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 17.7%, 3 bedroom homes decreased by 25.4%, 4 bedroom homes increased by 23.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Munnsville
-10.7%
Stockbridge
-16.9%

Housing Supply in Munnsville, NY

How many homes are available in Munnsville, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
75-28.6%

Summary: The Munnsville real estate market had 5 homes for sale in November 2024, a 28.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 44
0.0%
4 11
0.0%
5+ 10
-100.0%

Summary: The Munnsville 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 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 2 homes were sold or pending in Munnsville in November 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Munnsville, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
4 Days5 Days+11.1%

Summary: Homes in Munnsville had an average of 5 days on market in Nov 2024, up by 11.1% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Munnsville; 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.

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

Report Updated 2 Days Ago

Newest Listings in Munnsville, NY

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