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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Gansevoort, NY Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Gansevoort, NY Housing Market Trends

With 14,405 people, 5,737 houses or apartments, and a median cost of homes of $345,698, Gansevoort real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Gansevoort, accounting for 73.86% of the town's housing units. Other types of housing that are prevalent in Gansevoort include large apartment complexes or high rise apartments ( 14.02%), mobile homes or trailers ( 6.70%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.60%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Gansevoort. Owner-occupied housing accounts for 76.64% of Gansevoort's homes, and 71.37% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Gansevoort built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Gansevoort built between 2000 and later ( 35.25%). A lesser amount of the housing stock also hails from between 1940-1969 ( 7.93%). There's also some housing in Gansevoort built before 1939 ( 7.87%).

Gansevoort Home Appreciation Rates

Gansevoort's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Gansevoort during the period has been just 4.56%, which is lower than 80% of US communities.

Over the last year, Gansevoort appreciation rates have trailed the rest of the nation. In the last twelve months, Gansevoort's appreciation rate has been 4.04%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Gansevoort were at -0.27%, which equates to an annual appreciation rate of -1.07%.

Notably, Gansevoort's appreciation rate in the latest quarter is one of the lowest in America.

Relative to New York, our data show that Gansevoort's latest annual appreciation rate is lower than 80% of the other cities and towns in New York.

Average Home Values

Median Home Value

$345,698

Gansevoort, NY Home Prices
> $1,292,000
$969,001 - $1,292,000
$646,001 - $969,000
$517,001 - $646,000
$388,001 - $517,000
$258,001 - $388,000
$129,001 - $258,000
$65,001 - $129,000
$0 - $65,000
0.6%
0.6%
0.9%
0.9%
5.0%
5.0%
10.2%
10.2%
28.6%
28.6%
32.9%
32.9%
11.5%
11.5%
2.8%
2.8%
7.5%
7.5%
0% 100.0%
% of Homes
Average

for New york

High

for nation

Number of Homes And Apartments:

5,737

Gansevoort Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,650 / per month

Homeownership Rate

Owners
Renters
76.6%
76.6%
23.4%
23.4%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
1.1%
1.1%
98.9%
98.9%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
35.3%
35.3%
48.9%
48.9%
7.9%
7.9%
7.9%
7.9%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
73.9%
73.9%
1.8%
1.8%
3.6%
3.6%
14.0%
14.0%
6.7%
6.7%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.2%
1.2%
7.6%
7.6%
16.6%
16.6%
49.6%
49.6%
21.8%
21.8%
3.3%
3.3%
0% 100.0%
% of Homes