Is Brookhaven, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Brookhaven was a Seller's Market.
Key Takeaway
Brookhaven is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Brookhaven, NY
How much do homes in Brookhaven, NY cost?
Median Sold Price
$523,127
$307/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Brookhaven have sold for 10.3% more than they did a year ago.
Summary: The median home sold price in Brookhaven was $523,127 in June 2024, up 10.3% from last year, and the median price per square foot was $307.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $211K | $225K | +6.6% |
| 2 Bedrooms | $365K | $395K | +8.2% |
| 3 Bedrooms | $459.9K | $509.8K | +10.8% |
| 4 Bedrooms | $550K | $599K | +8.9% |
| 5+ Bedrooms | $604.1K | $640K | +5.9% |
Summary: Brookhaven housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.6%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 5.9%.
Median Sold Price Compared To Nearby Cities
| Bellport | $460K | $567.5K | +23.4% |
| Patchogue | $460K | $520K | +13.0% |
| Brookhaven | $474.3K | $523.1K | +10.3% |
| Lake Grove | $597.5K | $625K | +4.6% |
| Shoreham | $630K | $652K | +3.5% |
Housing Supply in Brookhaven, NY
How many homes are available in Brookhaven, NY?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 2,397 | 2,582 | +7.7% |
Summary: The Brookhaven real estate market had 2,582 homes for sale in June 2024, a 7.7% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 88 | 96 | +9.1% |
| 2 Bedrooms | 438 | 466 | +6.4% |
| 3 Bedrooms | 807 | 874 | +8.3% |
| 4 Bedrooms | 757 | 813 | +7.4% |
| 5+ Bedrooms | 307 | 333 | +8.5% |
Summary: The Brookhaven housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 8.5%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 382 | 366 | -4.2% |
Asking Price vs. Sold Price
96 Homes Were Sold
Under Asking
36 Homes Were Sold
At Asking
234 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brookhaven, you could pay more than the asking price. 63.9% of homes here sold above asking price last month.
Summary: A total of 366 homes were sold or pending in Brookhaven in June 2024, down by 4.2% month-over-month. Of the 366 sold homes, 26% were sold under asking, 10% were sold at asking, and 64% were sold over asking.
Days on Market for Brookhaven, NY
How long does it take to sell a home in Brookhaven, NY?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 49 Days | 40 Days | -17.9% |
Summary: Homes in Brookhaven had an average of 40 days on market in Jun 2024, down by 17.9% compared to last year.
Breakdown of Home Sale Times
238 Homes Were Sold
Under 30 Days
94 Homes Were Sold
In 30 - 90 Days
34 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Brookhaven are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 366 homes were sold in Brookhaven; 65% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 9% 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. 
Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer 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.