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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Goshen is a neutral's market

Buyer's
Market

Difference Since April 2023

Since last year, Goshen has remained a Neutral Market.

Key Takeaway

Goshen is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Goshen, NY

How much do homes in Goshen, NY cost?

Median Sold Price

$452,000

$251/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$13,000(-2.8%)

Key Takeaway

Homes in Goshen have sold for 2.8% less than they did a year ago.

Summary: The median home sold price in Goshen was $452,000 in April 2024, down 2.8% from last year, and the median price per square foot was $251.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $300K$320K
+6.7%
3 $420K$425K
+1.2%
4 $560K$620K
+10.7%
5+ $650K$550K
-15.4%

Summary: Goshen housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes decreased by 15.4%.

Housing Supply in Goshen, NY

How many homes are available in Goshen, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4247+11.9%

Summary: The Goshen real estate market had 47 homes for sale in April 2024, a 11.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 33
0.0%
3 2221
-4.5%
4 1418
+28.6%
5+ 35
+66.7%

Summary: The Goshen 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 4.5%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
770.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Goshen, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Goshen in April 2024, the same as the previous month. Of the 7 sold homes, 14% were sold under asking, 14% were sold at asking, and 71% were sold over asking.

Days on Market for Goshen, NY

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

Average Sale Time

Apr 2023Apr 2024CHANGE
48 Days55 Days+14.2%

Summary: Homes in Goshen had an average of 55 days on market in Apr 2024, up by 14.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Goshen has remained consistent over time.

Summary: During April 2024, 7 homes were sold in Goshen; 14% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 14% 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 28 Days Ago

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