Is Greenport, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Greenport was a Neutral Market.
Housing Prices in Greenport, NY
How much do homes in Greenport, NY cost?
Median Sold Price
$945,000
$570/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Greenport was $945,000 in February 2024, up 6.6% from last year, and the median price per square foot was $570.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $337.5K | $565K | +67.4% |
2 Bedrooms | $776K | $739.5K | -4.7% |
3 Bedrooms | $872.5K | $890K | +2.0% |
4 Bedrooms | $1.0M | $1.1M | +9.6% |
5+ Bedrooms | $1.5M | $1.0M | -32.0% |
Summary: Greenport housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 67.4%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes decreased by 32%.
Median Sold Price Compared To Nearby Cities
Greenport | $886.2K | $945K | +6.6% |
Southold | $995K | $1.0M | +5.9% |
Housing Supply in Greenport, NY
How many homes are available in Greenport, NY?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
38 | 36 | -5.3% |
Summary: The Greenport real estate market had 36 homes for sale in February 2024, a 5.3% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 12 | 12 | 0.0% |
3 Bedrooms | 11 | 10 | -9.1% |
4 Bedrooms | 10 | 10 | 0.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Greenport housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
5 | 5 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Greenport in February 2024, the same as the previous month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Greenport, NY
How long does it take to sell a home in Greenport, NY?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
23 Days | 97 Days | +316.6% |
Summary: Homes in Greenport had an average of 97 days on market in Feb 2024, up by 316.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During February 2024, 5 homes were sold in Greenport; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.