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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gardiner is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Gardiner, NY

How much do homes in Gardiner, NY cost?

Median Sold Price

$580,000

$280/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$47,000(-7.5%)

Key Takeaway

Homes in Gardiner have sold for 7.5% less than they did a year ago.

Summary: The median home sold price in Gardiner was $580,000 in February 2024, down 7.5% from last year, and the median price per square foot was $280.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $305.5K$315K
+3.1%
2 $295K$452.5K
+53.4%
3 $572.7K$570K
-0.5%
4 $650K$700K
+7.7%
5+ $719K$530.5K
-26.2%

Summary: Gardiner housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.1%, 2 bedroom homes increased by 53.4%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 26.2%.

Median Sold Price Compared To Nearby Cities

Rochester
+8.2%
Wallkill
+1.2%
Plattekill
-1.4%
Gardiner
-7.5%

Housing Supply in Gardiner, NY

How many homes are available in Gardiner, NY?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
911+22.2%

Summary: The Gardiner real estate market had 11 homes for sale in February 2024, a 22.2% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 22
0.0%
4 45
+25.0%
5+ 00
0.0%

Summary: The Gardiner housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gardiner, 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 Gardiner in February 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Gardiner, NY

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

Average Sale Time

Feb 2023Feb 2024CHANGE
185 Days18 Days-90.3%

Summary: Homes in Gardiner had an average of 18 days on market in Feb 2024, down by 90.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 2 homes were sold in Gardiner; 100% of homes were sold within 30 days, 0% 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 28 Days Ago

Newest Listings in Gardiner, NY

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