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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Granville is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Granville was a Seller's Market.

Key Takeaway

Granville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Granville, NY

How much do homes in Granville, NY cost?

Median Sold Price

$199,900

$131/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,900(+14.2%)

Key Takeaway

Homes in Granville have sold for 14.2% more than they did a year ago.

Summary: The median home sold price in Granville was $199,900 in October 2024, up 14.2% from last year, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $160K$127K
-20.6%
2 $130K$127.5K
-1.9%
3 $191.4K$203.2K
+6.1%
4 $160K$250K
+56.3%
5+ $166.8K$152.5K
-8.5%

Summary: Granville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.6%, 2 bedroom homes decreased by 1.9%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 56.3%, and 5+ bedroom homes decreased by 8.5%.

Housing Supply in Granville, NY

How many homes are available in Granville, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3226-18.8%

Summary: The Granville real estate market had 26 homes for sale in October 2024, a 18.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 53
-40.0%
3 1510
-33.3%
4 88
0.0%
5+ 12
+100.0%

Summary: The Granville 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 decreased by 40%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Granville, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Granville in October 2024, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Granville, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
41 Days17 Days-57.8%

Summary: Homes in Granville had an average of 17 days on market in Oct 2024, down by 57.8% compared to last year.

Breakdown of Home Sale Times

3 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 Granville are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Granville; 75% of homes were sold within 30 days, 25% 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

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