The story of this market
The typical home in ZIP 12078 sells for about $200,000, or $123 per square foot.
Prices are down 11.11% from a year ago, which gives buyers more room to negotiate. Homes take about 55 days to sell. HUD's fair market rent for a two-bedroom is $911 a month.
ZIP 12078 — Gloversville
The Gloversville 12078 housing market shows a decline in median sold prices year-over-year, with a median sold price of $200,000. Inventory remains limited with 155 active listings, and the market is currently experiencing downward pressure on pricing.
Median prices moved down 11.1% year over year.
Homes spend a median of 55 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 15.9% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 12078, Gloversville, NY
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
not determinable
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.