$2,699,990
5 Beds
•3 Full Baths, 1 Partial
Listing Office: Compass Greater NY LLC
Is Port Jefferson, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Port Jefferson was a Seller's Market.
Key Takeaway
Port Jefferson is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Port Jefferson, NY
How much do homes in Port Jefferson, NY cost?
Median Sold Price
$717,500
$322/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$57,500(+8.7%)
Key Takeaway
Homes in Port Jefferson have sold for 8.7% more than they did a year ago.
Summary: The median home sold price in Port Jefferson was $717,500 in September 2024, up 8.7% from last year, and the median price per square foot was $322.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $385K | N/A |
| 2 Bedrooms | $465K | $505K | +8.6% |
| 3 Bedrooms | $605K | $728.7K | +20.5% |
| 4 Bedrooms | $725K | $762K | +5.1% |
| 5+ Bedrooms | $920K | $720K | -21.7% |
Summary: Port Jefferson housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 20.5%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes decreased by 21.7%.
Median Sold Price Compared To Nearby Cities
| Brookhaven | $479.3K | $538.9K | +12.4% |
| Port Jefferson | $660K | $717.5K | +8.7% |
| East Setauket | $710K | $730K | +2.8% |
Housing Supply in Port Jefferson, NY
How many homes are available in Port Jefferson, NY?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 39 | 38 | -2.6% |
Summary: The Port Jefferson real estate market had 38 homes for sale in September 2024, a 2.6% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Port Jefferson housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Port Jefferson, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Port Jefferson in September 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Port Jefferson, NY
How long does it take to sell a home in Port Jefferson, NY?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 21 Days | 74 Days | +250.6% |
Summary: Homes in Port Jefferson had an average of 74 days on market in Sep 2024, up by 250.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Port Jefferson are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 4 homes were sold in Port Jefferson; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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.