Is Grant City, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Grant City is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Grant City was a Neutral Market.

Key Takeaway

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

Housing Prices in Grant City, NY

How much do homes in Grant City, NY cost?

Median Sold Price

$607,500

$515/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$64,500(-9.6%)

Key Takeaway

Homes in Grant City have sold for 9.6% less than they did a year ago.

Summary: The median home sold price in Grant City was $607,500 in April 2024, down 9.6% from last year, and the median price per square foot was $515.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $281K$313K
+11.4%
2 -$410K
N/A
3 $723.5K$640K
-11.5%
4 $1.1M$628K
-43.9%
5+ $770K$1.0M
+36.4%

Summary: Grant City housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.4%, 2 bedroom homes did not change, 3 bedroom homes decreased by 11.5%, 4 bedroom homes decreased by 43.9%, and 5+ bedroom homes increased by 36.4%.

Housing Supply in Grant City, NY

How many homes are available in Grant City, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
911+22.2%

Summary: The Grant City real estate market had 11 homes for sale in April 2024, a 22.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 33
0.0%
2 21
-50.0%
3 45
+25.0%
4 01
+100.0%
5+ 01
+100.0%

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

Number of Homes Sold

Mar 2024Apr 2024CHANGE
04+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Grant City, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Grant City in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Grant City, NY

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

Average Sale Time

Apr 2023Apr 2024CHANGE
40 Days40 Days+1.3%

Summary: Homes in Grant City had an average of 40 days on market in Apr 2024, up by 1.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Grant City are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in Grant City; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 2 Days Ago

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