Is Port Jefferson Station, 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, Port Jefferson Station was a Seller's Market.
Key Takeaway
Port Jefferson Station is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Port Jefferson Station, NY
How much do homes in Port Jefferson Station, NY cost?
Median Sold Price
$535,000
$322/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Port Jefferson Station have sold for 7% more than they did a year ago.
Summary: The median home sold price in Port Jefferson Station was $535,000 in April 2024, up 7% from last year, and the median price per square foot was $322.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $341.5K | $407.9K | +19.5% |
| 2 Bedrooms | $470K | $600K | +27.7% |
| 3 Bedrooms | $479K | $516.2K | +7.8% |
| 4 Bedrooms | $525K | $575K | +9.5% |
| 5+ Bedrooms | $548.5K | $640K | +16.7% |
Summary: Port Jefferson Station housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.5%, 2 bedroom homes increased by 27.7%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 16.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Town of Brookhaven | $470.6K | $506.9K | +7.7% |
| Port Jefferson Station | $500K | $535K | +7.0% |
| Terryville | $500K | $532.5K | +6.5% |
| Mount Sinai | $605K | $628.5K | +3.9% |
| The Setaukets | $645K | $656.5K | +1.8% |
Housing Supply in Port Jefferson Station, NY
How many homes are available in Port Jefferson Station, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 22 | 22 | 0.0% |
Summary: The Port Jefferson Station real estate market had 22 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 10 | 7 | -30.0% |
| 4 Bedrooms | 5 | 8 | +60.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Port Jefferson Station housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 30%, 4 bedroom homes increased by 60%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was 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 Station, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Port Jefferson Station in April 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Port Jefferson Station, NY
How long does it take to sell a home in Port Jefferson Station, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 62 Days | 116 Days | +87.9% |
Summary: Homes in Port Jefferson Station had an average of 116 days on market in Apr 2024, up by 87.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Port Jefferson Station has remained consistent over time.
Summary: During April 2024, 2 homes were sold in Port Jefferson Station; 0% of homes were sold within 30 days, 50% 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.