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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marlboro is a buyer's market

Buyer's
Market

Difference Since May 2023

Since last year, Marlboro has remained a Buyer's Market.

Key Takeaway

Marlboro is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Marlboro, NY

How much do homes in Marlboro, NY cost?

Median Sold Price

$420,000

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$26,750(+6.8%)

Key Takeaway

Homes in Marlboro have sold for 6.8% more than they did a year ago.

Summary: The median home sold price in Marlboro was $420,000 in May 2024, up 6.8% from last year, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $306.9K$240K
-21.8%
3 $375K$420K
+12.0%
4 $515K$499K
-3.1%
5+ $407K$435K
+6.9%

Summary: Marlboro 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 decreased by 21.8%, 3 bedroom homes increased by 12%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 6.9%.

Median Sold Price Compared To Nearby Cities

Wappinger
+14.8%
Marlboro
+6.8%
Marlborough
-0.4%
Plattekill
-2.5%

Housing Supply in Marlboro, NY

How many homes are available in Marlboro, NY?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2730+11.1%

Summary: The Marlboro real estate market had 30 homes for sale in May 2024, a 11.1% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1717
0.0%
4 56
+20.0%
5+ 24
+100.0%

Summary: The Marlboro 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 remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marlboro, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Marlboro in May 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Marlboro, NY

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

Average Sale Time

May 2023May 2024CHANGE
123 Days55 Days-55.2%

Summary: Homes in Marlboro had an average of 55 days on market in May 2024, down by 55.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 2 homes were sold in Marlboro; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 9 Days Ago

Newest Listings in Marlboro, NY

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