With only 1.9 months of inventory, Goshen remains a seller's market. Home prices have increased 2.6% in the past month alone. With 13 active listings, inventory is 63% higher than seasonal norms. Properties are selling within just 13 days on average, much faster than the historical norm of 89 days. Only 14.3% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Goshen market with the affordability index at 1959.5. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.
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