Market Intelligence Report — NY-100

Gloversville, NY

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-NY-08
As of the latest 2026 data
Very Competitive

Median Listing

$240K
-9.4% YoY

Pending Ratio

0.80
-0.3% YoY

Active Inventory

176
+15.0% YoY

Median DOM

51 Days
-3.8% YoY

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The Gloversville market is currently Very Competitive, characterized by a pending ratio of 0.80, indicating strong demand relative to available inventory. This ratio, while reflecting a slight year-over-year decline, remains at a level that suggests rapid absorption of listings.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Gloversville market right now.

Active listings have seen a notable increase of 15.0% year-over-year, yet this growth has not kept pace with demand. New listings have remained flat over the past year. The median listing price has experienced a significant year-over-year decline of 9.4%, and a month-over-month decrease of 3.7%, despite the competitive demand landscape. The median days on market have marginally decreased by 3.8% over the past year, aligning with the elevated pending ratio.

Historical Analysis

Market Trends

Median Price

$240K-3.7% MoM

Active Inventory

176+15.0% YoY

Days on Market

51-3.8% YoY

Sold Score™

71-0.3% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

71
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The high pending ratio of 0.80 implies an environment where new listings are absorbed quickly, placing significant pressure on remaining inventory. This pace suggests that properties are moving rapidly through the market pipeline, and participants requiring price discipline for acquisition are likely facing limited opportunities for extended negotiation due to inventory scarcity.

Luxury Segment

The average listing price has slightly increased by 0.5% year-over-year, contrasting with a 9.4% year-over-year decline in the median listing price and a 5.8% year-over-year decrease in median $/sqft. This divergence, coupled with the elevated average-vs-median spread, suggests some softness in the higher-price tiers of the market.

Supply Dynamics

176 active listings represent the current floor, with new supply arriving at roughly 72 per month.

Pricing Pressure
19.5%

of active listings carry a price reduction, +4.2% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -5.8% year-over-year.

Absorption
0.80

Pending-to-active ratio — Very Competitive.

Recommended For This Market

Very Competitive

Selling in Gloversville, NY? Inventory is up 15% from last year.

Demand in Gloversville, NY is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
80%
Median Days on Market
51 days
Inventory YoY
+15%

Demand is strong in Gloversville, NY. Check your Sold Score before you price — conditions this favorable don't hold forever.

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Metro Demographics

Metro Area
Gloversville, NY
CBSA Code
24100
State
NY

ZIPs in Gloversville, NY

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