Is Greenpoint, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Greenpoint was a Buyer's Market.
Key Takeaway
Greenpoint is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Greenpoint, NY
How much do homes in Greenpoint, NY cost?
Median Sold Price
$1,575,000
$1,320/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Greenpoint have sold for 10.5% more than they did a year ago.
Summary: The median home sold price in Greenpoint was $1,575,000 in April 2024, up 10.5% from last year, and the median price per square foot was $1,320.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $835K | $974K | +16.6% |
| 2 Bedrooms | $1.4M | $1.5M | +4.5% |
| 3 Bedrooms | $2.3M | $2.2M | -4.8% |
| 4 Bedrooms | $1.7M | $2.0M | +19.3% |
| 5+ Bedrooms | $2.7M | $2.2M | -19.2% |
Summary: Greenpoint housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.6%, 2 bedroom homes increased by 4.5%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 19.3%, and 5+ bedroom homes decreased by 19.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Greenpoint | $1.4M | $1.5M | +10.5% |
| Williamsburg | $1.4M | $1.4M | +3.3% |
| Northern Brooklyn | $1.2M | $1.2M | -2.8% |
| East Williamsburg | $1.2M | $1.1M | -7.1% |
Housing Supply in Greenpoint, NY
How many homes are available in Greenpoint, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 102 | 94 | -7.8% |
Summary: The Greenpoint real estate market had 94 homes for sale in April 2024, a 7.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 28 | 25 | -10.7% |
| 2 Bedrooms | 29 | 24 | -17.2% |
| 3 Bedrooms | 17 | 18 | +5.9% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 24 | 21 | -12.5% |
Summary: The Greenpoint housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 10.7%, 2 bedroom homes decreased by 17.2%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 22 | 21 | -4.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Greenpoint, expect to pay close to the asking price. 81% of homes here sold near the asking price last month.
Summary: A total of 21 homes were sold or pending in Greenpoint in April 2024, down by 4.5% month-over-month. Of the 21 sold homes, 19% were sold under asking, 81% were sold at asking, and 0% were sold over asking.
Days on Market for Greenpoint, NY
How long does it take to sell a home in Greenpoint, NY?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Greenpoint has remained consistent over time.
Summary: During April 2024, 21 homes were sold in Greenpoint; 0% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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