Is Grant Ferry, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Grant Ferry was a Buyer's Market.
Key Takeaway
Grant Ferry is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Grant Ferry, NY
How much do homes in Grant Ferry, NY cost?
Median Sold Price
$225,000
$135/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Grant Ferry have sold for 100% more than they did a month ago.
Summary: The median home sold price in Grant Ferry was $225,000 in March 2024, up 100% from last month, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $225K | N/A |
| 4 Bedrooms | $95K | - | N/A |
| 5+ Bedrooms | $130K | $245K | +88.5% |
Summary: Grant Ferry housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 88.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Front Park | $187.7K | $377.5K | +101.1% |
| Grant Ferry | $112.5K | $225K | +100.0% |
| Albright | $1.0M | $1.2M | +14.3% |
| Delaware / West Ferry | $311.7K | $335K | +7.5% |
Housing Supply in Grant Ferry, NY
How many homes are available in Grant Ferry, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 19 | 22 | +15.8% |
Summary: The Grant Ferry real estate market had 22 homes for sale in March 2024, a 15.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 10 | 13 | +30.0% |
Summary: The Grant Ferry housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 30%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Grant Ferry, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Grant Ferry in March 2024, up by 150.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for Grant Ferry, NY
How long does it take to sell a home in Grant Ferry, NY?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 69 Days | 22 Days | -67.5% |
Summary: Homes in Grant Ferry had an average of 22 days on market in Mar 2024, down by 67.5% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Grant Ferry are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in Grant Ferry; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
