Is Munsey Park, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Munsey Park is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Munsey Park has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Munsey Park, NY

How much do homes in Munsey Park, NY cost?

Median Sold Price

$2,200,000

-

Based on all homes sold in November 2024.

Difference Since Last Month

+$475,000(+27.5%)

Key Takeaway

Homes in Munsey Park have sold for 27.5% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $1.7M-
N/A
4 --
N/A
5+ -$2.2M
N/A

Summary: Munsey Park 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Munsey Park, NY

How many homes are available in Munsey Park, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
330.0%

Summary: The Munsey Park real estate market had 3 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 11
0.0%
5+ 11
0.0%

Summary: The Munsey Park 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 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 Munsey Park, 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 Munsey Park in November 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 Munsey Park, NY

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

Average Sale Time

Oct 2024Nov 2024CHANGE
21 Days5 Days-76.2%

Summary: Homes in Munsey Park had an average of 5 days on market in Nov 2024, down by 76.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 Munsey Park are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Munsey Park; 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 17 Days Ago

Newest Listings in Munsey Park, NY

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