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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greig is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Greig has remained a Neutral Market.

Key Takeaway

Greig 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 Greig, NY

How much do homes in Greig, NY cost?

Median Sold Price

$207,000

$331/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$303,000(-59.4%)

Key Takeaway

Homes in Greig have sold for 59.4% less than they did a month ago.

Summary: The median home sold price in Greig was $207,000 in May 2024, down 59.4% from last month, and the median price per square foot was $331.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 -$207K
N/A
3 --
N/A
4 --
N/A
5+ $510K-
N/A

Summary: Greig housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 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

Martinsburg
+6.8%
Greig
-59.4%

Housing Supply in Greig, NY

How many homes are available in Greig, NY?

Number of Homes For Sale

Apr 2024May 2024CHANGE
770.0%

Summary: The Greig real estate market had 7 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 22
0.0%
2 33
0.0%
3 01
+100.0%
4 00
0.0%
5+ 21
-50.0%

Summary: The Greig housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Apr 2024May 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were 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. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Greig in May 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% 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

Apr 2024May 2024CHANGE
26 Days67 Days+157.7%

Summary: Homes in Greig had an average of 67 days on market in May 2024, up by 157.7% compared to last month.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Greig has remained consistent over time.

Summary: During May 2024, 1 homes were sold in Greig; 0% of homes were sold within 30 days, 100% 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 8 Days Ago

Newest Listings in Greig, NY

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