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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenport is a buyer's market

Buyer's
Market

Difference Since November 2021

At the same time last year, Greenport was a Seller's Market.

Key Takeaway

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

How much do homes in Greenport, NY cost?

Median Sold Price

$930,000

$584/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$184,500(+24.7%)

Key Takeaway

Homes in Greenport have sold for 24.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 -$906K
N/A
2 $751K$954.5K
+27.1%
3 $739.5K$790K
+6.8%
4 $858.5K$1.0M
+24.9%
5+ $730K$1.0M
+44.5%

Median Sold Price Compared To Nearby Cities

Greenport
+24.7%
Southold
+10.6%

How many homes are available in Greenport, NY?

Number of Homes For Sale

Oct 2022Nov 2022%
1116+45.5%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 11
0.0%
2 45
+25.0%
3 58
+60.0%
4 01
+100.0%
5+ 11
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
01+100.0%

Asking Price vs. Sold Price

0 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 Greenport, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Average Sale Time

Nov 2021Nov 2022%
26 Days8 Days-70.1%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Greenport, NY

Homes for sale in Greenport, NY have reached 16. Between October 2022 and November 2022, Greenport, NY real estate market has seen increase in the number of listings by 45.5%. While the average time on the market in November 2022 was 8 days, the median list price was $930,000. Real estate listing prices changed between October 2022 and November 2022: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties increased by 27.1%, prices of 3 bedrooms properties went up by 6.8%, 4 bedrooms properties became 24.9% more expensive, 5 bedrooms properties became 44.5% more expensive. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory increased by 25%, number of 3 bedrooms homes increased by 60%, the quantity of 4 bedrooms homes went up by 100%, volume of 5 bedrooms homes stayed the same. In November 2022, from all listings sold in Greenport, NY there were more than 1 sold above asking price, over 0 sold below and more than 0 were sold right at the asked price.

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