Is Middleport, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Middleport was a Buyer's Market.
Key Takeaway
Middleport is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Middleport, NY
How much do homes in Middleport, NY cost?
Median Sold Price
$224,000
$116/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Middleport have sold for 42.2% more than they did a year ago.
Summary: The median home sold price in Middleport was $224,000 in May 2024, up 42.2% from last year, and the median price per square foot was $116.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95.2K | - | N/A |
| 2 Bedrooms | $97K | $116.5K | +20.1% |
| 3 Bedrooms | $168K | $243.2K | +44.8% |
| 4 Bedrooms | $158.2K | $174.9K | +10.5% |
| 5+ Bedrooms | $147.5K | $223.5K | +51.5% |
Summary: Middleport housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.1%, 3 bedroom homes increased by 44.8%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 51.5%.
Median Sold Price Compared To Nearby Cities
| Hartland | $177.5K | $265K | +49.3% |
| Middleport | $157.5K | $224K | +42.2% |
| Royalton | $187.4K | $220K | +17.4% |
Housing Supply in Middleport, NY
How many homes are available in Middleport, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Summary: The Middleport real estate market had 11 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Middleport housing inventory by bedroom type for May 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 50%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Middleport, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Middleport in May 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Middleport, NY
How long does it take to sell a home in Middleport, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 7 Days | 25 Days | +261.9% |
Summary: Homes in Middleport had an average of 25 days on market in May 2024, up by 261.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Middleport are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 3 homes were sold in Middleport; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
