Is Northport, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Northport was a Neutral Market.
Key Takeaway
Northport is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Northport, NY
How much do homes in Northport, NY cost?
Median Sold Price
$900,000
$377/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Northport have sold for 6% more than they did a year ago.
Summary: The median home sold price in Northport was $900,000 in March 2024, up 6% from last year, and the median price per square foot was $377.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $375K | $515K | +37.3% |
| 2 Bedrooms | $715K | $575K | -19.6% |
| 3 Bedrooms | $772.5K | $745.5K | -3.5% |
| 4 Bedrooms | $900K | $994.5K | +10.5% |
| 5+ Bedrooms | $1.1M | $1.3M | +21.8% |
Summary: Northport housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 37.3%, 2 bedroom homes decreased by 19.6%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 21.8%.
Median Sold Price Compared To Nearby Cities
| Northport | $849K | $900K | +6.0% |
| Huntington | $730K | $764K | +4.7% |
Housing Supply in Northport, NY
How many homes are available in Northport, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 71 | 76 | +7.0% |
Summary: The Northport real estate market had 76 homes for sale in March 2024, a 7.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 21 | 21 | 0.0% |
| 4 Bedrooms | 30 | 32 | +6.7% |
| 5+ Bedrooms | 19 | 22 | +15.8% |
Summary: The Northport housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 15.8%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northport, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Northport in March 2024, down by 12.5% month-over-month. Of the 7 sold homes, 57% were sold under asking, 0% were sold at asking, and 43% were sold over asking.
Days on Market for Northport, NY
How long does it take to sell a home in Northport, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 74 Days | 143 Days | +91.9% |
Summary: Homes in Northport had an average of 143 days on market in Mar 2024, up by 91.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Northport are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 7 homes were sold in Northport; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% 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.