Is Grant Ferry, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Grant Ferry is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Grant Ferry, NY

How much do homes in Grant Ferry, NY cost?

Median Sold Price

$237,604

$111/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$14,604(+6.5%)

Key Takeaway

Homes in Grant Ferry have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in Grant Ferry was $237,604 in October 2024, up 6.5% from last year, and the median price per square foot was $111.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $102K$242.7K
+138.0%
3 $174.5K$169.9K
-2.6%
4 $203.5K$247.5K
+21.6%
5+ $242.5K$245.9K
+1.4%

Summary: Grant Ferry 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 138%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 21.6%, and 5+ bedroom homes increased by 1.4%.

Median Sold Price Compared To Nearby Neighborhoods

Grant Ferry
+6.5%
Front Park
-3.8%
Delaware / West Ferry
-10.0%
Forest
-14.9%

Housing Supply in Grant Ferry, NY

How many homes are available in Grant Ferry, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3031+3.3%

Summary: The Grant Ferry real estate market had 31 homes for sale in October 2024, a 3.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 10
-100.0%
3 12
+100.0%
4 1314
+7.7%
5+ 1514
-6.7%

Summary: The Grant Ferry housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 6.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Grant Ferry, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Grant Ferry in October 2024, up by 40.0% month-over-month. Of the 7 sold homes, 14% were sold under asking, 14% were sold at asking, and 71% were sold over asking.

Days on Market for Grant Ferry, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
23 Days10 Days-56.8%

Summary: Homes in Grant Ferry had an average of 10 days on market in Oct 2024, down by 56.8% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 7 homes were sold in Grant Ferry; 86% of homes were sold within 30 days, 14% 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 23 Days Ago

Newest Listings in Grant Ferry, NY

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