Is Bayport, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bayport is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Bayport was a Neutral Market.

Key Takeaway

Bayport is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Bayport, NY

How much do homes in Bayport, NY cost?

Median Sold Price

$700,000

$348/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$35,000(+5.3%)

Key Takeaway

Homes in Bayport have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in Bayport was $700,000 in April 2024, up 5.3% from last year, and the median price per square foot was $348.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $515K-
N/A
3 $625K$730K
+16.8%
4 $710K$700K
-1.4%
5+ $720K$623K
-13.5%

Summary: Bayport housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 16.8%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 13.5%.

Median Sold Price Compared To Nearby Neighborhoods

North Patchogue
+15.6%
Holbrook
+5.6%
Bayport
+5.3%
Blue Point
+3.2%
Sayville
+3.0%

Housing Supply in Bayport, NY

How many homes are available in Bayport, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2026+30.0%

Summary: The Bayport real estate market had 26 homes for sale in April 2024, a 30.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 46
+50.0%
4 910
+11.1%
5+ 58
+60.0%

Summary: The Bayport housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 60%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bayport, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Bayport in April 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Bayport, NY

How long does it take to sell a home in Bayport, NY?

Average Sale Time

Apr 2023Apr 2024CHANGE
17 Days147 Days+764.7%

Summary: Homes in Bayport had an average of 147 days on market in Apr 2024, up by 764.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Bayport has remained consistent over time.

Summary: During April 2024, 2 homes were sold in Bayport; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Bayport, NY

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