Grand Island, NY Home Values & Market Trends
Real estate market trends reflect that there have been 272 transactions over the past year in Grand Island. The median value for residential home transactions that occurred over the previous year is $401,231. The number of current listings in Grand Island is 381, and the percentage of properties for sale in the city is 381.00%. Grand Island, NY currently has 43 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 381 properties for sale.
Grand Island, NY Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 14072 | $ 401,231 $ 211/sqft |
Housing Market Summary for Grand Island, NY
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $399.9K | $389.9K | -2.50% |
| Median Sold Price | $385.9K | $355.4K | -7.91% |
| Homes For Sale | 221 | 376 | 70.14% |
| Homes Sold | 140 | 58 | -58.57% |
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 Island, NY
Browse Homes in Grand Island, NY
Grand Island home values range from $108,296 to $2,900,000. The median estimated value of a home in Grand Island is $401,231. The median list price of a home is 389,900, and the total count of properties in the city is 520.
- Pre-ForeclosurePre-foreclosure homes account for 8.27% of all residential properties in Grand Island, NY with 14072 containing 43 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Grand Island, NY; of that zips, the estimated home value for pre-foreclosure homes ranges from $635,257 in 14072 to the lowest home value of $168,931 in 14072.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Grand Island, 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 Island, NY. There is 1 zips within Grand Island, 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 Island, NY. Auction homes and other auction properties account for 0% of all properties in Grand Island, NY. There is 1 zips within Grand Island, 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 Island, NY
New York Foreclosure Laws
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
