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 June 2023

At the same time last year, Bellport was a Seller'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

$567,500

$342/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$107,500(+23.4%)

Key Takeaway

Homes in Bellport have sold for 23.4% more than they did a year ago.

Summary: The median home sold price in Bellport was $567,500 in June 2024, up 23.4% from last year, and the median price per square foot was $342.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $610K-
N/A
2 $415K$410K
-1.2%
3 $435K$514K
+18.2%
4 $479.9K$625K
+30.2%
5+ $510K$3.1M
+515.7%

Summary: Bellport housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.2%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 30.2%, and 5+ bedroom homes increased by 515.7%.

Median Sold Price Compared To Nearby Cities

Bellport
+23.4%
Brookhaven
+10.3%

Housing Supply in Bellport, NY

How many homes are available in Bellport, NY?

Number of Homes For Sale

May 2024Jun 2024CHANGE
5362+17.0%

Summary: The Bellport real estate market had 62 homes for sale in June 2024, a 17.0% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 01
+100.0%
2 23
+50.0%
3 1617
+6.3%
4 2934
+17.2%
5+ 67
+16.7%

Summary: The Bellport housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

May 2024Jun 2024CHANGE
440.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Bellport in June 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% 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

Jun 2023Jun 2024CHANGE
44 Days50 Days+14.3%

Summary: Homes in Bellport had an average of 50 days on market in Jun 2024, up by 14.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were 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 Bellport has remained consistent over time.

Summary: During June 2024, 4 homes were sold in Bellport; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 26 Days Ago

Newest Listings in Bellport, NY

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