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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gasport is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Gasport, NY

How much do homes in Gasport, NY cost?

Median Sold Price

$267,500

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$37,500(+16.3%)

Key Takeaway

Homes in Gasport have sold for 16.3% more than they did a year ago.

Summary: The median home sold price in Gasport was $267,500 in November 2024, up 16.3% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $182.5K$141K
-22.7%
2 $240.5K$190K
-21.0%
3 $216K$265K
+22.7%
4 $250K$317.5K
+27.0%
5+ $263K$190K
-27.8%

Summary: Gasport housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.7%, 2 bedroom homes decreased by 21%, 3 bedroom homes increased by 22.7%, 4 bedroom homes increased by 27%, and 5+ bedroom homes decreased by 27.8%.

Median Sold Price Compared To Nearby Cities

Gasport
+16.3%
Hartland
+12.2%
Newfane
0.0%
Royalton
-7.8%

Housing Supply in Gasport, NY

How many homes are available in Gasport, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
139-30.8%

Summary: The Gasport real estate market had 9 homes for sale in November 2024, a 30.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 85
-37.5%
4 41
-75.0%
5+ 00
0.0%

Summary: The Gasport 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 200%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes decreased by 75%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gasport, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Gasport in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Gasport, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
98 Days10 Days-89.9%

Summary: Homes in Gasport had an average of 10 days on market in Nov 2024, down by 89.9% compared to last year.

Breakdown of Home Sale Times

2 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 Gasport are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Gasport; 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 17 Days Ago

Newest Listings in Gasport, NY

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