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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Garnerville is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Garnerville was a Buyer's Market.

Key Takeaway

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

Housing Prices in Garnerville, NY

How much do homes in Garnerville, NY cost?

Median Sold Price

$575,000

$303/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$67,500(+13.3%)

Key Takeaway

Homes in Garnerville have sold for 13.3% more than they did a year ago.

Summary: The median home sold price in Garnerville was $575,000 in November 2024, up 13.3% from last year, and the median price per square foot was $303.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $219K$105K
-52.1%
2 $339K$337.4K
-0.5%
3 $450K$447.5K
-0.6%
4 $530K$639K
+20.6%
5+ $549.5K$640K
+16.5%

Summary: Garnerville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 52.1%, 2 bedroom homes decreased by 0.5%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 20.6%, and 5+ bedroom homes increased by 16.5%.

Median Sold Price Compared To Nearby Cities

Haverstraw
+18.7%
Garnerville
+13.3%
Thiells
+9.9%
Stony Point
+9.4%
West Haverstraw
+7.5%

Housing Supply in Garnerville, NY

How many homes are available in Garnerville, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2616-38.5%

Summary: The Garnerville real estate market had 16 homes for sale in November 2024, a 38.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 83
-62.5%
4 96
-33.3%
5+ 74
-42.9%

Summary: The Garnerville 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 increased by 50%, 3 bedroom homes decreased by 62.5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 42.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Garnerville, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Garnerville in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for Garnerville, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
5 Days20 Days+260.0%

Summary: Homes in Garnerville had an average of 20 days on market in Nov 2024, up by 260% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 5 homes were sold in Garnerville; 100% of homes were sold within 30 days, 0% 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 2 Days Ago

Newest Listings in Garnerville, NY

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