Madison County Sees 15 Residential Property Transactions in January

During the week of January 5-11, Madison County reported a total of 15 residential property transactions. This activity highlights ongoing interest in the local real estate market, with varying property sizes and prices reflecting the diverse housing options available in the area.

The median sale price for this week was $147,000 for a 1,306-square-foot home located on Berkey Drive in Chittenango. This figure showcases the competitive nature of the local market, where buyers are actively seeking homes.

Notable Transactions Across the County

Several notable transactions occurred throughout Madison County during this period. In Cazenovia, a significant sale involved a property at 5162 Gorge Road, which sold for $267,000. This 1,488-square-foot home features three bedrooms and two bathrooms, translating to a price of $179 per square foot.

Another prominent transaction was the purchase of a property at 3040 W. Lake Road, also in Cazenovia. This expansive home, measuring 4,082 square feet, sold for $550,000, which equates to $135 per square foot. The property boasts three bedrooms and four bathrooms, appealing to larger families or those seeking more space.

In De Ruyter, Holmes-Acre Holdings LLC acquired a 2,903-square-foot residence at 1520 E. Lake Road for $110,000. This property, featuring five bedrooms and two bathrooms, was sold at a notable $38 per square foot.

Morrisville also saw several transactions. A property at 5640 Fearon Road was sold for $330,000. This home spans 2,016 square feet and includes four bedrooms and two bathrooms, resulting in a price of $164 per square foot. Additionally, the sale of a home at 4788 Westcott Road for $445,000 featured a unique layout with one bedroom and three bathrooms across 1,680 square feet.

Summary of Residential Sales

The transactions also included sales in other parts of Madison County. For instance, a property at 4020 State Route 31 in Canastota was sold for $188,500, while a 2,363-square-foot home at 4678 Park St. in Morrisville sold for $70,000.

Other notable sales included:

– 5302 Buyea Road, Morrisville: Sold for $210,000 (1,040 square feet)
– 116 Hills St., Chittenango: Sold for $175,000 (1,056 square feet)
– 2578 Route 5, Chittenango: Sold for $200,400 (1,150 square feet)
– 111 S. Berkey Drive, Chittenango: Sold for $147,000 (1,306 square feet)

These sales reflect a healthy market with a variety of options for potential buyers.

Data for these transactions was compiled by Real Estate Newswire, a service provided by United Robots, which utilizes machine learning to analyze information from Attom, a trusted aggregator of national real estate data.

As the real estate market continues to evolve, it remains clear that Madison County offers a range of opportunities for both buyers and sellers, showcasing the area’s appeal and potential for future growth.