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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gouverneur is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Gouverneur was a Seller's Market.

Key Takeaway

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

Housing Prices in Gouverneur, NY

How much do homes in Gouverneur, NY cost?

Median Sold Price

$141,850

$98/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$31,650(-18.2%)

Key Takeaway

Homes in Gouverneur have sold for 18.2% less than they did a year ago.

Summary: The median home sold price in Gouverneur was $141,850 in December 2024, down 18.2% from last year, and the median price per square foot was $98.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$35.8K
N/A
2 $195K$141.8K
-27.3%
3 $163K$165K
+1.2%
4 $223.5K$47.5K
-78.7%
5+ $139K$205K
+47.5%

Summary: Gouverneur housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 27.3%, 3 bedroom homes increased by 1.2%, 4 bedroom homes decreased by 78.7%, and 5+ bedroom homes increased by 47.5%.

Housing Supply in Gouverneur, NY

How many homes are available in Gouverneur, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1311-15.4%

Summary: The Gouverneur real estate market had 11 homes for sale in December 2024, a 15.4% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 65
-16.7%
4 43
-25.0%
5+ 21
-50.0%

Summary: The Gouverneur housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Nov 2024Dec 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 Gouverneur, 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 Gouverneur in December 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 Gouverneur, NY

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

Average Sale Time

Dec 2023Dec 2024CHANGE
23 Days40 Days+72.0%

Summary: Homes in Gouverneur had an average of 40 days on market in Dec 2024, up by 72% compared to last year.

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 Gouverneur has remained consistent over time.

Summary: During December 2024, 1 homes were sold in Gouverneur; 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 16 Days Ago

Newest Listings in Gouverneur, NY

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