$32,000
6.00 Acres
Land
Jeffrey Guida, Listing Office: Yaman Real Estate
Is Virgil, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Virgil has remained a Buyer's Market.
Key Takeaway
Virgil is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Virgil, NY
How much do homes in Virgil, NY cost?
Median Sold Price
$228,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$48,100(+26.7%)
Key Takeaway
Homes in Virgil have sold for 26.7% more than they did a year ago.
Summary: The median home sold price in Virgil was $228,000 in October 2024, up 26.7% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $9.9K | $65K | +556.6% |
| 2 Bedrooms | $155K | $168K | +8.4% |
| 3 Bedrooms | $195K | $229K | +17.4% |
| 4 Bedrooms | $379.5K | $338K | -10.9% |
| 5+ Bedrooms | $277.5K | - | N/A |
Summary: Virgil housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 556.6%, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 17.4%, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Virgil | $179.9K | $228K | +26.7% |
| Cortlandville | $189.5K | $220K | +16.1% |
Housing Supply in Virgil, NY
How many homes are available in Virgil, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 13 | 0.0% |
Summary: The Virgil real estate market had 13 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Virgil 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 increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 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 Virgil, 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 Virgil in October 2024, up by 100.0% month-over-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 Virgil, NY
How long does it take to sell a home in Virgil, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 10 Days | 5 Days | -50.0% |
Summary: Homes in Virgil had an average of 5 days on market in Oct 2024, down by 50% compared to last year.
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
Key Takeaway
Many homes in Virgil are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Virgil; 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.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.