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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greig is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Greig was a Buyer's Market.

Key Takeaway

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

Housing Prices in Greig, NY

How much do homes in Greig, NY cost?

Median Sold Price

$140,000

$112/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$60,000(-30.0%)

Key Takeaway

Homes in Greig have sold for 30% less than they did a month ago.

Summary: The median home sold price in Greig was $140,000 in November 2024, down 30% from last month, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $200K$170K
-15.0%
3 -$110K
N/A
4 --
N/A
5+ --
N/A

Summary: Greig housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Glenfield
-13.8%
Greig
-30.0%

Housing Supply in Greig, NY

How many homes are available in Greig, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
108-20.0%

Summary: The Greig real estate market had 8 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 43
-25.0%
3 11
0.0%
4 21
-50.0%
5+ 22
0.0%

Summary: The Greig 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 decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 2 homes were sold or pending in Greig in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Greig, NY

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

Average Sale Time

Oct 2024Nov 2024CHANGE
220 Days55 Days-75.0%

Summary: Homes in Greig had an average of 55 days on market in Nov 2024, down by 75% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Greig; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 21 Days Ago

Newest Listings in Greig, NY

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