Is Great Valley, NY 14741 a buyer’s or seller’s market?
Great Valley is a buyer’s market. With about 8.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Great Valley housing market right now
In the three months ending August 31, 2026, 33% of homes in Great Valley, NY 14741 sold above their list price, the typical home went under contract in 12 days and there were 8.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 25%, homes sold faster (24 days then) and the median sale price fell 7% to $249,892. Overall, Great Valley is more competitive than a year ago, so tougher for buyers.
Within Cattaraugus County, homes here sell faster than in 81% 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 14741
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 Great Valley nearby
Find towns like Great Valley in other states →Where Great Valley is
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Questions about Great Valley real estate
Is Great Valley a buyer’s or seller’s market?
A buyer’s market: there were 8.5 months of supply in Great Valley, NY 14741 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 Great Valley?
The typical home went under contract in 12 days in the latest three months.
Do homes in Great Valley sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 98.5% of the list price.
What are property taxes in Great Valley?
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 Great Valley?
The median sale price was $249,892 in the three months ending August 31, 2026, about $166 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