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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Granby is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Granby, NY

How much do homes in Granby, NY cost?

Median Sold Price

$185,750

$122/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$5,800(+3.2%)

Key Takeaway

Homes in Granby have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in Granby was $185,750 in March 2024, up 3.2% from last year, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $163K$135K
-17.2%
3 $179.9K$185.2K
+3.0%
4 $200K$266K
+33.0%
5+ $180K$129.9K
-27.8%

Summary: Granby housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.2%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 33%, and 5+ bedroom homes decreased by 27.8%.

Median Sold Price Compared To Nearby Cities

Schroeppel
+17.4%
Granby
+3.2%
Fulton
+1.4%

Housing Supply in Granby, NY

How many homes are available in Granby, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
84-50.0%

Summary: The Granby real estate market had 4 homes for sale in March 2024, a 50.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 20
-100.0%
3 42
-50.0%
4 10
-100.0%
5+ 11
0.0%

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

Number of Homes Sold

Feb 2024Mar 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

0 Homes Were 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 Granby, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Granby in March 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Granby, NY

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

Average Sale Time

Mar 2023Mar 2024CHANGE
24 Days8 Days-67.3%

Summary: Homes in Granby had an average of 8 days on market in Mar 2024, down by 67.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 Granby are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 1 homes were sold in Granby; 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 24 Days Ago

Newest Listings in Granby, NY

Nearby Markets to Granby, NY

What housing markets are near Granby, NY?