Grand Gorge, NY Home Values & Market Trends
Real estate market trends reflect that there have been 11 transactions over the past year in Grand Gorge. The median value for residential home transactions that occurred over the previous year is $185,727. The number of current listings in Grand Gorge is 1, and the percentage of properties for sale in the city is 1.00%. Grand Gorge, NY currently has 1 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 1 properties for sale.
Grand Gorge, NY Real Estate Market Overview
Zip | Median Est. Value |
---|---|
12434 | $ 231,724 $ 179/sqft |
Housing Market Summary for Grand Gorge, NY
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $123.5K | $115K | -6.88% |
Median Sold Price | $249.4K | $115K | -53.90% |
Homes For Sale | 2 | 0 | -100.00% |
Homes Sold | 5 | 4 | -20.00% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Grand Gorge, NY
Browse Homes in Grand Gorge, NY
Grand Gorge home values range from $19,774 to $726,895. The median estimated value of a home in Grand Gorge is $185,727. The median list price of a home is 199,900, and the total count of properties in the city is 262.
- Pre-ForeclosurePre-foreclosure homes account for 0.38% of all residential properties in Grand Gorge, NY with 12434 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Grand Gorge, NY; of that zips, the estimated home value for pre-foreclosure homes ranges from $145,343 in 12434 to the lowest home value of $145,343 in 12434.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Grand Gorge, NY ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Grand Gorge, NY. There is 1 zips within Grand Gorge, NY; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Grand Gorge, NY. Auction homes and other auction properties account for 0% of all properties in Grand Gorge, NY. There is 1 zips within Grand Gorge, NY; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for Grand Gorge, NY
Amid rapid fluctuations in the Rochester real estate sector, a steady increase in the average sale price per square foot has been observed from March 2023 to February 2024. Surrounding cities like East Rochester, Webster, Penfield, Spencerport, and West Henrietta have experienced unique trends, providing a diverse regional real estate climate.
New York City’s real estate market from August 2023 to January 2024 witnessed roughly an 8% increase in average property values, along with fluctuations in per square foot values and sold prices.
An increase is house prices but a slowdown of homes sold in September
With more people working from home, there's an of excess office spaces. Older buildings may be up for apartment conversions especially with proposed tax breaks