$1,661 Closing Credit*
$139,900
2,350 SqFt
4 Beds
•2 Full Baths, 1 Partial
Amanda L Kingsbury, Listing Office: Grey Arrow Realty, Inc.
Is Gouverneur, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Gouverneur has remained a Seller's Market.
Key Takeaway
Gouverneur is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Gouverneur, NY
How much do homes in Gouverneur, NY cost?
Median Sold Price
$142,100
$98/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$25,899(-15.4%)
Key Takeaway
Homes in Gouverneur have sold for 15.4% less than they did a year ago.
Summary: The median home sold price in Gouverneur was $142,100 in October 2024, down 15.4% from last year, and the median price per square foot was $98.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $35.8K | N/A |
| 2 Bedrooms | $127.5K | $141.8K | +11.3% |
| 3 Bedrooms | $163K | $173K | +6.1% |
| 4 Bedrooms | $200K | $70K | -65.0% |
| 5+ Bedrooms | $117.5K | $165K | +40.4% |
Summary: Gouverneur 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 increased by 11.3%, 3 bedroom homes increased by 6.1%, 4 bedroom homes decreased by 65%, and 5+ bedroom homes increased by 40.4%.
Housing Supply in Gouverneur, NY
How many homes are available in Gouverneur, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 22 | +22.2% |
Summary: The Gouverneur real estate market had 22 homes for sale in October 2024, a 22.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Gouverneur 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 8 | +300.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gouverneur, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Gouverneur in October 2024, up by 300.0% month-over-month. Of the 8 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Gouverneur, NY
How long does it take to sell a home in Gouverneur, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 76 Days | 53 Days | -30.0% |
Summary: Homes in Gouverneur had an average of 53 days on market in Oct 2024, down by 30% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Gouverneur are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Gouverneur; 63% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
