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 November 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

$337/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$105,000(-18.1%)

Key Takeaway

Homes in Gardiner have sold for 18.1% less than they did a year ago.

Summary: The median home sold price in Gardiner was $475,000 in November 2024, down 18.1% from last year, and the median price per square foot was $337.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $315K$159K
-49.5%
2 $172.5K$387K
+124.3%
3 $575K$500K
-13.0%
4 $671K$629.5K
-6.2%
5+ $560K$1.2M
+123.2%

Summary: Gardiner housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 49.5%, 2 bedroom homes increased by 124.3%, 3 bedroom homes decreased by 13%, 4 bedroom homes decreased by 6.2%, and 5+ bedroom homes increased by 123.2%.

Median Sold Price Compared To Nearby Cities

Modena
+23.8%
Plattekill
+18.2%
Wallkill
+12.5%
Rochester
+6.3%
Gardiner
-18.1%

Housing Supply in Gardiner, NY

How many homes are available in Gardiner, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2720-25.9%

Summary: The Gardiner real estate market had 20 homes for sale in November 2024, a 25.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 40
-100.0%
3 97
-22.2%
4 99
0.0%
5+ 43
-25.0%

Summary: The Gardiner housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gardiner, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Gardiner in November 2024, down by 28.6% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% 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

Nov 2023Nov 2024CHANGE
48 Days25 Days-46.7%

Summary: Homes in Gardiner had an average of 25 days on market in Nov 2024, down by 46.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 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 November 2024, 5 homes were sold in Gardiner; 40% of homes were sold within 30 days, 60% 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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