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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Granville is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Granville, NY

How much do homes in Granville, NY cost?

Median Sold Price

$165,000

$109/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$25,244(-13.3%)

Key Takeaway

Homes in Granville have sold for 13.3% less than they did a year ago.

Summary: The median home sold price in Granville was $165,000 in April 2024, down 13.3% from last year, and the median price per square foot was $109.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $200K$123.5K
-38.3%
2 $187.2K$129K
-31.1%
3 $173K$194K
+12.1%
4 $169.9K$234.5K
+38.0%
5+ $600K$109.5K
-81.8%

Summary: Granville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.3%, 2 bedroom homes decreased by 31.1%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 38%, and 5+ bedroom homes decreased by 81.8%.

Housing Supply in Granville, NY

How many homes are available in Granville, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3021-30.0%

Summary: The Granville real estate market had 21 homes for sale in April 2024, a 30.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 2010
-50.0%
4 66
0.0%
5+ 23
+50.0%

Summary: The Granville 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
95-44.4%

Asking Price vs. Sold Price

4 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 Granville, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Granville in April 2024, down by 44.4% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for Granville, NY

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

Average Sale Time

Apr 2023Apr 2024CHANGE
68 Days17 Days-75.3%

Summary: Homes in Granville had an average of 17 days on market in Apr 2024, down by 75.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 5 homes were sold in Granville; 60% of homes were sold within 30 days, 40% 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 3 Days Ago

Newest Listings in Granville, NY

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