Is Rocky Point, 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, Rocky Point was a Buyer's Market.
Housing Prices in Rocky Point, NY
How much do homes in Rocky Point, NY cost?
Median Sold Price
$490,000
$295/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Rocky Point was $490,000 in April 2024, up 18.1% from last year, and the median price per square foot was $295.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $294.9K | $278K | -5.8% |
2 Bedrooms | $360K | $377K | +4.7% |
3 Bedrooms | $420K | $470K | +11.9% |
4 Bedrooms | $495K | $550.5K | +11.2% |
5+ Bedrooms | $587.5K | $545K | -7.2% |
Summary: Rocky Point housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.8%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes decreased by 7.2%.
Median Sold Price Compared To Nearby Neighborhoods
Rocky Point | $415K | $490K | +18.1% |
East Shoreham | $617.5K | $675K | +9.3% |
Sound Beach | $412.5K | $449K | +8.8% |
Miller Place | $585K | $612.5K | +4.7% |
Ridge | $398K | $400K | 0.5% |
Housing Supply in Rocky Point, NY
How many homes are available in Rocky Point, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
67 | 67 | 0.0% |
Summary: The Rocky Point real estate market had 67 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 | 0 | 0 | 0.0% |
2 Bedrooms | 13 | 12 | -7.7% |
3 Bedrooms | 25 | 27 | +8.0% |
4 Bedrooms | 24 | 22 | -8.3% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Rocky Point housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 8%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 13 | -13.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Rocky Point in April 2024, down by 13.3% month-over-month. Of the 13 sold homes, 15% were sold under asking, 15% were sold at asking, and 69% were sold over asking.
Days on Market for Rocky Point, NY
How long does it take to sell a home in Rocky Point, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
36 Days | 57 Days | +55.0% |
Summary: Homes in Rocky Point had an average of 57 days on market in Apr 2024, up by 55% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in Rocky Point; 46% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.