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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Goshen is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Goshen, NY

How much do homes in Goshen, NY cost?

Median Sold Price

$477,500

$241/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$7,500(+1.6%)

Key Takeaway

Homes in Goshen have sold for 1.6% more than they did a year ago.

Summary: The median home sold price in Goshen was $477,500 in February 2024, up 1.6% from last year, and the median price per square foot was $241.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $302.5K$308K
+1.8%
3 $420K$425K
+1.2%
4 $565K$602.5K
+6.6%
5+ $669.5K$550K
-17.8%

Summary: Goshen housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes decreased by 17.8%.

Housing Supply in Goshen, NY

How many homes are available in Goshen, NY?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
4543-4.4%

Summary: The Goshen real estate market had 43 homes for sale in February 2024, a 4.4% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1922
+15.8%
4 1713
-23.5%
5+ 76
-14.3%

Summary: The Goshen 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 remained the same, 3 bedroom homes increased by 15.8%, 4 bedroom homes decreased by 23.5%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
880.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Goshen, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in Goshen in February 2024, the same as the previous month. Of the 8 sold homes, 25% were sold under asking, 13% were sold at asking, and 63% were sold over asking.

Days on Market for Goshen, NY

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

Average Sale Time

Feb 2023Feb 2024CHANGE
68 Days48 Days-28.5%

Summary: Homes in Goshen had an average of 48 days on market in Feb 2024, down by 28.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 8 homes were sold in Goshen; 25% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 13% 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 27 Days Ago

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