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: March 2026

Median Sale Price

$205K

13.9% YoY

Days on Market

23 days

71.2% YoY

Active Inventory

92

8.0% YoY

Homes Sold

35

6.1% 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 March 2026, the median home sale price is $205K, up 13.9% year-over-year. Homes are spending a median of 23 days on the market, 71.2% shorter than a year ago.

There are 92 homes for sale — 8.0% fewer than last year. With 2.6 months of supply, this is a seller's market. 44 new listings were added during this period, down 15.4% year-over-year.

Homes are selling for 97.5% of their list price on average, suggesting room for negotiation. 25.7% of homes sell above their asking price. 25.0% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

53

Contributing Factors

Months of Supply 2.6
Days on Market 23
Price Drops 25.0%
Sale-to-List Ratio 97.5%
Market Temperature Warm

How This Market Compares

vs. National Median

Median Price (National: $437K) 53.1%
Days on Market (National: 55) 58.2%
Inventory (National: 1,314,690) 100.0%

vs. New York Median

Median Price (New York: $599K) 65.8%
Days on Market (New York: 57) 59.6%

Investor Takeaway

A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 53% below the national median, which could indicate stronger cash flow potential.

Gloversville, NY metro area Market Trends

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Detailed Market Metrics

Median List Price

$199K

Price per Sq Ft

$111

Sale-to-List Ratio

97.5%

Months of Supply

2.6

Sold Above List

25.7%

Price Drops

25.0%

New Listings

44

15.4% YoY

Pending Sales

40

Off Market in 2 Weeks

50.0%

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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.