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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gasport is a buyer's market

Buyer's
Market

Difference Since September 2021

Since last year, Gasport has remained a Buyer's Market.

Key Takeaway

Gasport is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Gasport, NY cost?

Median Sold Price

$200,500

$137/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$10,600(+5.6%)

Key Takeaway

Homes in Gasport have sold for 5.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 -$120K
N/A
2 $80K$165K
+106.3%
3 $192.5K$180K
-6.5%
4 $212K$236K
+11.3%
5+ $164.7K$100K
-39.3%

Median Sold Price Compared To Nearby Cities

Newfane
+15.6%
Royalton
+11.7%
Gasport
+5.6%

How many homes are available in Gasport, NY?

Number of Homes For Sale

Aug 2022Sep 2022%
2317-26.1%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 01
+100.0%
2 32
-33.3%
3 1610
-37.5%
4 33
0.0%
5+ 11
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
52-60.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gasport, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Average Sale Time

Sep 2021Sep 2022%
16 Days6 Days-62.5%

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Gasport, NY

Number of homes for sale in Gasport, NY real estate market have reached 17. The inventory of homes for sale in Gasport, NY between August 2022 and September 2022 decreased by 26.1%. In September 2022, listings were on the market for 6 days. During the same period, the median list price in this real estate market was $200,500. Listing prices have changed in this real estate market between August 2022 and September 2022: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties became 106.3% more expensive, 3 bedrooms properties prices decreased by 6.5%, 4 bedrooms properties became 11.3% more expensive, 5 bedrooms properties prices decreased by 39.3%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory increased by 100%, 2 bedrooms homes inventory decreased by 33.3%, 3 bedrooms homes became 37.5% less available, volume of 4 bedrooms homes stayed the same, the quantity of 5 bedrooms homes have not changed. While more than 2 listings in Gasport, NY in September 2022 were sold above asking price, there were more than 0 listings sold at asking price, and more than 0 were sold below.