Is Groton, NY 13073 a buyer’s or seller’s market?
Groton is a seller’s market. With about 2.7 months of supply and 25% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Groton housing market right now
In the three months ending August 31, 2026, 25% of homes in Groton, NY 13073 sold above their list price, the typical home went under contract in 42 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 12 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 33%, homes sold faster (60 days then) and the median sale price fell 11% to $251,971. Overall, Groton is about as competitive as it was a year ago.
Within Tompkins County, homes here sell faster than in 63% of the county’s ZIP codes, and sell less often over asking than in 87%.
Nearby, buyers who want less competition could look at Trumansburg 14886 (17% sold over asking), while Slaterville Springs 14881 (67% sold over asking) and Dryden 13053 (55% sold over asking) are even more competitive.
Run the numbers for 13073
Nearby markets
Brooktondale 14817Buyer’s market $141 /sq ftDryden 13053Seller’s market $202 /sq ftFreeville 13068Seller’s market $189 /sq ftIthaca 14850Seller’s market $228 /sq ft Browse all markets →Towns like Groton nearby
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Questions about Groton real estate
Is Groton a buyer’s or seller’s market?
A seller’s market: there were 2.7 months of supply in Groton, NY 13073 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Groton?
The typical home went under contract in 42 days in the latest three months.
Do homes in Groton sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 94.9% of the list price.
What are property taxes in Groton?
About 2.24% of a home’s value a year in Tompkins County, or roughly $8,960 on a $400,000 home.
What is the median home price in Groton?
The median sale price was $251,971 in the three months ending August 31, 2026, about $137 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology