Is Gainesville, NY 14066 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Gainesville is a seller’s market. With about 1.6 months of supply and 50% 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.

Months of supply1.6Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list97.8%Sold price ÷ list price
Median days on market23Listing to accepted offer
Median price per sq ft$74▼ −4.0% vs. last year

The Gainesville housing market right now

In the three months ending August 31, 2026, 50% of homes in Gainesville, NY 14066 sold above their list price, the typical home went under contract in 23 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (50% then), homes sold faster (75 days then) and the median sale price held steady to $127,094. Overall, Gainesville is more competitive than a year ago, so tougher for buyers.

Within Wyoming County, homes here sell more slowly than in 71% of the county’s ZIP codes, and sell more often over asking than in 57%.

Nearby, buyers who want less competition could look at Silver Springs 14550 (0% sold over asking) or Silver Lake 14549 (0% sold over asking), while Cowlesville 14037 (100% sold over asking) and Java Center 14082 (100% sold over asking) are even more competitive.

Nearby markets

Arcade 14009Seller’s market $152 /sq ftAttica 14011Balanced $174 /sq ftBliss 14024Balanced $193 /sq ftCastile 14427Seller’s market $128 /sq ft Browse all markets →

Where Gainesville is

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Questions about Gainesville real estate

Is Gainesville a buyer’s or seller’s market?

A seller’s market: there were 1.6 months of supply in Gainesville, NY 14066 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 Gainesville?

The typical home went under contract in 23 days in the latest three months.

Do homes in Gainesville sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 97.8% of the list price.

What are property taxes in Gainesville?

About 2.25% of a home’s value a year in Wyoming County, or roughly $9,000 on a $400,000 home.

What is the median home price in Gainesville?

The median sale price was $127,094 in the three months ending August 31, 2026, about $74 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