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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gardiner is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Gardiner has remained a Seller's Market.

Key Takeaway

Gardiner is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Gardiner, NY

How much do homes in Gardiner, NY cost?

Median Sold Price

$475,000

$294/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$140,000(-22.8%)

Key Takeaway

Homes in Gardiner have sold for 22.8% less than they did a year ago.

Summary: The median home sold price in Gardiner was $475,000 in October 2024, down 22.8% from last year, and the median price per square foot was $294.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $315K-
N/A
2 $447.5K$364K
-18.7%
3 $600K$475K
-20.8%
4 $671K$629.5K
-6.2%
5+ $699K$560K
-19.9%

Summary: Gardiner housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.7%, 3 bedroom homes decreased by 20.8%, 4 bedroom homes decreased by 6.2%, and 5+ bedroom homes decreased by 19.9%.

Median Sold Price Compared To Nearby Cities

Plattekill
+19.2%
Wallkill
+12.5%
Rochester
+6.0%
Gardiner
-22.8%

Housing Supply in Gardiner, NY

How many homes are available in Gardiner, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
29290.0%

Summary: The Gardiner real estate market had 29 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 64
-33.3%
3 1211
-8.3%
4 810
+25.0%
5+ 23
+50.0%

Summary: The Gardiner 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 decreased by 33.3%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
47+75.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gardiner, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Gardiner in October 2024, up by 75.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.

Days on Market for Gardiner, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
44 Days44 Days-0.1%

Summary: Homes in Gardiner had an average of 44 days on market in Oct 2024, down by 0.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Gardiner has remained consistent over time.

Summary: During October 2024, 7 homes were sold in Gardiner; 29% of homes were sold within 30 days, 71% 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 20 Days Ago

Newest Listings in Gardiner, NY

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