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Is Gerry, NY 14740 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Gerry is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market74Listing to accepted offer
Median price per sq ft$162▼ −15.4% vs. last year

The Gerry housing market right now

In the three months ending August 31, 2026, 0% of homes in Gerry, NY 14740 sold above their list price and the typical home went under contract in 74 days. With only 1 sale, 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 (0% then), homes sold more slowly (25 days then) and the median sale price fell 22% to $238,797. Overall, Gerry is less competitive than a year ago, which gives buyers more room.

Within Chautauqua County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Chautauqua 14722 (67% sold over asking) and Portland 14769 (67% sold over asking) are even more competitive.

Run the numbers for 14740

Prefilled for 14740Can I win this house?Multiple-offer likelihood for a listing Prefilled for 14740Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Ashville 14710Buyer’s market $209 /sq ftBemus Point 14712Balanced $190 /sq ftBrocton 14716Buyer’s market $104 /sq ftCassadaga 14718Seller’s market $154 /sq ft Browse all markets →

Towns like Gerry nearby

Find towns like Gerry in other states →
Sinclairville, NY14782 · 6 miles away92% similarlarger Cassadaga, NY14718 · 12 miles away89% similarcheaper homes ($28K less) Pittsfield, PA16340 · 29 miles away89% similarVery close on income, prices and more Cherry Creek, NY14723 · 7 miles away88% similarmore single-family homes

Where Gerry is

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Questions about Gerry real estate

How fast do homes sell in Gerry?

The typical home went under contract in 74 days in the latest three months.

Do homes in Gerry sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.

What are property taxes in Gerry?

About 2.27% of a home’s value a year in Chautauqua County, or roughly $9,080 on a $400,000 home.

What is the median home price in Gerry?

The median sale price was $238,797 in the three months ending August 31, 2026, about $162 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