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 June 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

$469,000

$251/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

-$500(-0.1%)

Key Takeaway

The sold price of homes in Goshen has remained the same since last year.

Summary: The median home sold price in Goshen was $469,000 in June 2024, down 0.1% from last year, and the median price per square foot was $251.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 --
N/A
2 $301K$322K
+7.0%
3 $427.5K$427.5K
0.0%
4 $550K$622.5K
+13.2%
5+ $625K$550K
-12.0%

Summary: Goshen housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7%, 3 bedroom homes did not change, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes decreased by 12%.

Housing Supply in Goshen, NY

How many homes are available in Goshen, NY?

Number of Homes For Sale

May 2024Jun 2024CHANGE
5761+7.0%

Summary: The Goshen real estate market had 61 homes for sale in June 2024, a 7.0% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 2623
-11.5%
4 2025
+25.0%
5+ 78
+14.3%

Summary: The Goshen housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

May 2024Jun 2024CHANGE
611+83.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were 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. 45.5% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in Goshen in June 2024, up by 83.3% month-over-month. Of the 11 sold homes, 36% were sold under asking, 18% were sold at asking, and 45% 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

Jun 2023Jun 2024CHANGE
49 Days51 Days+4.8%

Summary: Homes in Goshen had an average of 51 days on market in Jun 2024, up by 4.8% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were 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 June 2024, 11 homes were sold in Goshen; 27% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 18% 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 22 Days Ago

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