Gravesend Market Report October 2026: $850K Median

Gravesend recorded 2 closed sales in the last 30 days at a median close price of $440K. Active inventory stands at 9 listings with a median asking price of $850K ($550/sqft). Co-ops dominate at 33% of inventory. 11.1% price reductions among active listings. 1 new listing hit the market this week, while 4 properties are under contract. At current absorption rates, Gravesend has approximately 4.5 months of supply, making it a balanced market. As a Gravesend specialist with over 25 years of experience, I track these numbers daily to give my clients a competitive edge. If you are considering buying or selling in Gravesend, call me at (917) 416-7433 for a personalized market analysis.