Is Port Washington North, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Port Washington North is a seller's market

Buyer's
Market

Difference Since January 2022

At the same time last year, Port Washington North was a Buyer's Market.

Key Takeaway

Port Washington North is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Port Washington North, NY cost?

Median Sold Price

$999,000

$471/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$70,491(+7.6%)

Key Takeaway

Homes in Port Washington North have sold for 7.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 --
N/A
2 $645K$715K
+10.9%
3 $839.5K$1.1M
+38.9%
4 $1.0M$1.0M
+4.4%
5+ -$963.7K
N/A

Median Sold Price Compared To Nearby Cities

Port Washington North
+7.6%
Sands Point
+4.6%
North Hempstead
+3.9%
Manorhaven
-1.5%

How many homes are available in Port Washington North, NY?

Number of Homes For Sale

Dec 2022Jan 2023%
119-18.2%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 01
+100.0%
2 54
-20.0%
3 00
0.0%
4 64
-33.3%
5+ 00
0.0%

Number of Homes Sold

Dec 2022Jan 2023%
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Port Washington North, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Average Sale Time

Jan 2022Jan 2023%
90 Days21 Days-76.8%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Port Washington North 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 Port Washington North, NY

There are 9 homes are for sale in Port Washington North, NY real estate market. In January 2023 in Port Washington North, NY there were 18.2% less homes for sale than in December 2022. The median list price of listings available in January 2023 was $999,000, while the average time on the real estate market was 21 days. This housing market listing prices have changed between December 2022 and January 2023: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties increased by 10.9%, prices of 3 bedrooms properties went up by 38.9%, 4 bedrooms properties became 4.4% more expensive, 5 bedrooms properties prices increased by 0%. Volume of homes for sale changed: the quantity of 1 bedroom homes went up by 100%, number of 2 bedrooms homes decreased by 20%, number of 3 bedrooms homes remained the same, 4 bedrooms homes inventory decreased by 33.3%, volume of 5 bedrooms homes stayed the same. In January 2023, from all listings sold in Port Washington North, NY there were more than 0 sold above asking price, over 0 sold below and more than 2 were sold right at the asked price.

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