Is Greenport, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Greenport was a Buyer's Market.
Key Takeaway
Greenport is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Greenport, NY
How much do homes in Greenport, NY cost?
Median Sold Price
$936,500
$551/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Greenport have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in Greenport was $936,500 in May 2024, up 5.7% from last year, and the median price per square foot was $551.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $238.7K | $422.5K | +77.0% |
| 2 Bedrooms | $610K | $770K | +26.2% |
| 3 Bedrooms | $886.2K | $849.5K | -4.1% |
| 4 Bedrooms | $1.3M | $1.1M | -12.2% |
| 5+ Bedrooms | $1.2M | $1.0M | -16.3% |
Summary: Greenport housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 77%, 2 bedroom homes increased by 26.2%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes decreased by 12.2%, and 5+ bedroom homes decreased by 16.3%.
Median Sold Price Compared To Nearby Cities
| Southold | $975K | $1.0M | +7.9% |
| Greenport | $886.2K | $936.5K | +5.7% |
Housing Supply in Greenport, NY
How many homes are available in Greenport, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 47 | 49 | +4.3% |
Summary: The Greenport real estate market had 49 homes for sale in May 2024, a 4.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 13 | 14 | +7.7% |
| 3 Bedrooms | 17 | 17 | 0.0% |
| 4 Bedrooms | 13 | 13 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Greenport housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 7.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 8 | +166.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Greenport, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Greenport in May 2024, up by 166.7% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for Greenport, NY
How long does it take to sell a home in Greenport, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 128 Days | 47 Days | -63.2% |
Summary: Homes in Greenport had an average of 47 days on market in May 2024, down by 63.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Greenport has remained consistent over time.
Summary: During May 2024, 8 homes were sold in Greenport; 25% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.