Is North Marketview Heights, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Marketview Heights is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, North Marketview Heights was a Buyer's Market.

Key Takeaway

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

Housing Prices in North Marketview Heights, NY

How much do homes in North Marketview Heights, NY cost?

Median Sold Price

$80,000

$52/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,000(+14.3%)

Key Takeaway

Homes in North Marketview Heights have sold for 14.3% more than they did a year ago.

Summary: The median home sold price in North Marketview Heights was $80,000 in November 2024, up 14.3% from last year, and the median price per square foot was $52.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $39.5K$52.5K
+32.9%
3 $55K$70K
+27.3%
4 $67.5K$92K
+36.3%
5+ $89.5K$115K
+28.5%

Summary: North Marketview Heights 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 32.9%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 36.3%, and 5+ bedroom homes increased by 28.5%.

Median Sold Price Compared To Nearby Neighborhoods

Northland Lyceum
+25.0%
North Marketview Heights
+14.3%
Homestead Heights
+11.4%
Beechwood
-11.2%

Housing Supply in North Marketview Heights, NY

How many homes are available in North Marketview Heights, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1612-25.0%

Summary: The North Marketview Heights real estate market had 12 homes for sale in November 2024, a 25.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 22
0.0%
4 52
-60.0%
5+ 87
-12.5%

Summary: The North Marketview Heights 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 decreased by 60%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Marketview Heights, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in North Marketview Heights in November 2024, up by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for North Marketview Heights, NY

How long does it take to sell a home in North Marketview Heights, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
21 Days38 Days+76.7%

Summary: Homes in North Marketview Heights had an average of 38 days on market in Nov 2024, up by 76.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 6 homes were sold in North Marketview Heights; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 21 Days Ago

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