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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bellport is a buyer's market

Buyer's
Market

Difference Since September 2023

Since last year, Bellport has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Bellport, NY

How much do homes in Bellport, NY cost?

Median Sold Price

$570,000

$347/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$97,500(+20.6%)

Key Takeaway

Homes in Bellport have sold for 20.6% more than they did a year ago.

Summary: The median home sold price in Bellport was $570,000 in September 2024, up 20.6% from last year, and the median price per square foot was $347.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $610K$537K
-12.0%
2 $397.5K$570K
+43.4%
3 $435K$514K
+18.2%
4 $499.9K$602.5K
+20.5%
5+ $510K$615K
+20.6%

Summary: Bellport housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12%, 2 bedroom homes increased by 43.4%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 20.5%, and 5+ bedroom homes increased by 20.6%.

Median Sold Price Compared To Nearby Cities

Bellport
+20.6%
Brookhaven
+12.4%

Housing Supply in Bellport, NY

How many homes are available in Bellport, NY?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
6057-5.0%

Summary: The Bellport real estate market had 57 homes for sale in September 2024, a 5.0% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 10
-100.0%
2 21
-50.0%
3 2321
-8.7%
4 2927
-6.9%
5+ 58
+60.0%

Summary: The Bellport housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes increased by 60%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
116-45.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bellport, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Bellport in September 2024, down by 45.5% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Bellport, NY

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

Average Sale Time

Sep 2023Sep 2024CHANGE
129 Days77 Days-40.1%

Summary: Homes in Bellport had an average of 77 days on market in Sep 2024, down by 40.1% compared to last year.

Breakdown of Home Sale Times

4 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

Many homes in Bellport are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 6 homes were sold in Bellport; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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 30 Days Ago

Newest Listings in Bellport, NY

Nearby Markets to Bellport, NY

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