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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Middleport is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Middleport has remained a Seller'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

$225,500

$121/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$67,250(+42.5%)

Key Takeaway

Homes in Middleport have sold for 42.5% more than they did a year ago.

Summary: The median home sold price in Middleport was $225,500 in April 2024, up 42.5% from last year, and the median price per square foot was $121.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $95.2K-
N/A
2 $97K$150K
+54.6%
3 $176K$238.2K
+35.4%
4 $158.2K$199.4K
+26.0%
5+ $147.5K$227K
+53.9%

Summary: Middleport housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 54.6%, 3 bedroom homes increased by 35.4%, 4 bedroom homes increased by 26%, and 5+ bedroom homes increased by 53.9%.

Median Sold Price Compared To Nearby Cities

Hartland
+47.2%
Middleport
+42.5%
Royalton
+21.1%

Housing Supply in Middleport, NY

How many homes are available in Middleport, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
109-10.0%

Summary: The Middleport real estate market had 9 homes for sale in April 2024, a 10.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 03
+100.0%
3 41
-75.0%
4 55
0.0%
5+ 10
-100.0%

Summary: The Middleport housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 75%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

0 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 Middleport, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Middleport in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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

Apr 2023Apr 2024CHANGE
46 Days26 Days-42.7%

Summary: Homes in Middleport had an average of 26 days on market in Apr 2024, down by 42.7% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 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.

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

Report Updated 28 Days Ago

Newest Listings in Middleport, NY

Nearby Markets to Middleport, NY