Gloversville, NY metro area Housing Market

Warm Market

Comprehensive housing market data for the Gloversville, NY metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: January 2026

Median Sale Price

$221K

26.9% YoY

Days on Market

44 days

0.0% YoY

Active Inventory

107

5.9% YoY

Homes Sold

30

21.1% YoY

Warm Market

The market is active with moderate buyer demand.

Gloversville, NY metro area Market Summary

The Gloversville, NY metro area housing market is heating up. As of January 2026, the median home sale price is $221K, up 26.9% year-over-year. Homes are spending a median of 44 days on the market, 0.0% shorter than a year ago.

There are 107 homes for sale — 5.9% more than last year. With 3.6 months of supply, this is a seller's market. 33 new listings were added during this period, down 10.8% year-over-year.

Homes are selling for 97.9% of their list price on average, suggesting room for negotiation. 43.3% of homes sell above their asking price. 21.5% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

57

Contributing Factors

Months of Supply 3.6
Days on Market 44
Price Drops 21.5%
Sale-to-List Ratio 97.9%
Market Temperature Warm

How This Market Compares

vs. National Median

Median Price (National: $423K) 47.8%
Days on Market (National: 66) 33.3%
Inventory (National: 1,210,379) 100.0%

vs. New York Median

Median Price (New York: $601K) 63.3%
Days on Market (New York: 47) 6.4%

Investor Takeaway

A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 48% below the national median, which could indicate stronger cash flow potential.

Gloversville, NY metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$159K

Price per Sq Ft

$153

Sale-to-List Ratio

97.9%

Months of Supply

3.6

Sold Above List

43.3%

Price Drops

21.5%

New Listings

33

10.8% YoY

Pending Sales

42

Off Market in 2 Weeks

40.5%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.