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Featured local agent — Great Bend, NY
Sarah Mitchell
Compass Real Estate · Great Bend, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Great Bend, NY Housing Market
The last median sale price Redfin published was $199,000, -38.8% year over year (through May 2026). With 2.0 months of supply and homes going under contract in about 41 days, Great Bend is a seller's market. At today's 6.66% 30-year fixed rate, 20% down on a $199,000 home is about $1,023/mo in principal and interest.
Key numbers for Great Bend, NY
Median sale price
$199,000
-38.8% year over year
Redfin, through May 2026
Days on market
41
Average pace
Redfin, through May 2026
Active listings
4
2.0 months of supply
Redfin, through May 2026
30-yr fixed rate
6.66%
Freddie Mac weekly average
Freddie Mac via FRED, August 2026
Sale-to-list ratio
102.4%
Selling above asking
Redfin, through May 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Great Bend a buyer's or seller's market?
Great Bend, NY is a seller's market, based on 2.0 months of supply and homes selling in about 41 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Great Bend housing market data show?
Every row below is Redfin's final published month for Great Bend, NY. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $199,000 |
| Median list price | $319,900 |
| Year-over-year price change | -38.8% |
| Median price per sq ft | $124/sq ft |
| Median days on market | 41 days |
| Active inventory | 4 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 102.4% |
| Homes sold (that month) | 2 |
| New listings (that month) | 1 |
| Listings with a price cut | 25.0% |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Great Bend is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Great Bend is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Great Bend home prices moved?
Over the last three years the median sale price in Great Bend, NY rose 27.6%, from $156,000 to $199,000. 25.0% of Great Bend listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 2.0 months while the sale-to-list ratio slips below its current 102.4%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Great Bend?
Priced off the median sale price of $199,000 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $39,800 | $159,200 | $1,023/mo |
| 5% | $9,950 | $189,050 | $1,215/mo |
Redfin, through May 2026 for the price · Freddie Mac via FRED, August 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,023, that implies roughly $43,846 a year before you add taxes and insurance. We do not hold a Census income figure for Great Bend, so we cannot compare that threshold to local earnings.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Great Bend in the next 12 months?
Tell us your timeline. We send the Great Bend market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Great Bend?
Zillow does not publish a rent index (ZORI) for Great Bend, NY, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Great Bend?
Active listings in Great Bend, NY went from 5 in December 2024 to 4 in May 2026, a -20.0% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| January 2025 | 6 | 3 |
| February 2025 | 4 | not published |
| March 2025 | 4 | not published |
| May 2025 | 2 | 1 |
| July 2025 | 5 | 3 |
| August 2025 | 5 | 1 |
| September 2025 | 5 | 1 |
| October 2025 | 4 | 1 |
| January 2026 | 4 | not published |
| February 2026 | 3 | not published |
| April 2026 | 5 | 2 |
| May 2026 | 4 | 1 |
Redfin, through May 2026
How does Great Bend compare to New York and the U.S.?
Great Bend homes sell for $199,000 — 68% below the New York median of $620,500. Against the national median of $410,700, Great Bend runs 52% lower. Year-over-year, Great Bend moved -38.8% against New York's +5.1% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Great Bend, NY | $199,000 | -38.8% | 41 days |
| New York statewide | $620,500 | +5.1% | 42 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Great Bend
What buyers should watch
- Months of supply, currently 2.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 25.0%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $192 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 6.66%, every full point of rate change moves the payment on a $199,000 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Great Bend listing goes under contract in 41 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 102.4% of asking. Price at the number you want and let competition do the rest.
- In the last published month Great Bend added 1 new listings against 2 sales — more clearing than arriving, which is the better window to list.
- Comparable ZIP-level pricing inside Great Bend varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Great Bend
There are currently 4 homes listed for sale in Great Bend, New York. The median listing price is $320K.
Active listings
4
Homes on market
Median list price
$320K
Avg. days on market
41
Days until sale
New this week
1
Newly listed
How much do homes cost in Great Bend by property type?
How the Great Bend, NY market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $199,000 | $124/sq ft | 2 | 41 days |
Who lives in Great Bend?
American Community Survey estimates for Great Bend. U.S. Census ACS, 2023
Population
942
Households
286
Median age
26.4 years
Owner-occupied
35.0%
Median home value
$125,000
Median gross rent
$1,345/mo
Mean commute
16.4 min
35.0% of occupied homes in Great Bend are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which cities are near Great Bend, NY?
Ordered by distance from Great Bend, not by size. Compare Great Bend side by side with any of them.
Great Bend housing market FAQ
Is Great Bend a buyer's or seller's market?
Great Bend, NY is currently a seller's market. That read comes from 2.0 months of supply, homes going under contract in about 41 days, and sellers getting 102.4% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Great Bend?
The median sale price in the last month Redfin published was $199,000, about $124 per square foot.
Is Great Bend cheaper than the rest of New York?
Great Bend's median sale price of $199,000 is 68% lower than the New York statewide median of $620,500, and 52% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Great Bend?
Homes in Great Bend, NY spent a median of 41 days on market before going under contract, versus 42 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Great Bend?
At the current 30-year fixed rate of 6.66%, 20% down on a $199,000 home is about $1,023 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $43,846 a year before taxes, insurance, HOA dues or mortgage insurance.
Are home prices rising in Great Bend?
Redfin's last published year-over-year change for Great Bend, NY was -38.8%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.
What are the cheapest ZIP codes in Great Bend?
Great Bend ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Great Bend?
That depends on your timeline, not on a headline. What the data says today: Great Bend, NY is a seller's market with 2.0 months of supply, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.
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