Is Gowanda, NY 14070 a buyer’s or seller’s market?
Gowanda is a seller’s market. With about 3.9 months of supply and 33% 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 Gowanda housing market right now
In the three months ending August 31, 2026, 33% of homes in Gowanda, NY 14070 sold above their list price, the typical home went under contract in 21 days and there were 3.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 9 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 60%, homes sold more slowly (13 days then) and the median sale price rose 66% to $219,905. Overall, Gowanda is less competitive than a year ago, which gives buyers more room.
Within Cattaraugus County, homes here sell more slowly than in 52% of the county’s ZIP codes, and sell more often over asking than in 57%.
Nearby, buyers who want less competition could look at Salamanca 14779 (0% sold over asking) or Limestone 14753 (0% sold over asking), while Perrysburg 14129 (100% sold over asking) and Yorkshire 14173 (100% sold over asking) are even more competitive.
Run the numbers for 14070
Nearby markets
Allegany 14706Seller’s market $111 /sq ftCattaraugus 14719Seller’s market $147 /sq ftConewango Valley 14726Seller’s market $127 /sq ftDelevan 14042Seller’s market $183 /sq ft Browse all markets →Towns like Gowanda nearby
Find towns like Gowanda in other states →Where Gowanda is
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Questions about Gowanda real estate
Is Gowanda a buyer’s or seller’s market?
A seller’s market: there were 3.9 months of supply in Gowanda, NY 14070 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 Gowanda?
The typical home went under contract in 21 days in the latest three months.
Do homes in Gowanda sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 99.1% of the list price.
What are property taxes in Gowanda?
About 2.64% of a home’s value a year in Cattaraugus County, or roughly $10,560 on a $400,000 home.
What is the median home price in Gowanda?
The median sale price was $219,905 in the three months ending August 31, 2026, about $140 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