Is Town of Brookhaven, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Town of Brookhaven has remained a Neutral Market.
Housing Prices in Town of Brookhaven, NY
How much do homes in Town of Brookhaven, NY cost?
Median Sold Price
$506,999
$302/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Town of Brookhaven was $506,999 in April 2024, up 7.7% from last year, and the median price per square foot was $302.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $200.8K | $225K | +12.0% |
2 Bedrooms | $364.5K | $390.8K | +7.2% |
3 Bedrooms | $459.9K | $500K | +8.7% |
4 Bedrooms | $550K | $580K | +5.5% |
5+ Bedrooms | $601.6K | $630K | +4.7% |
Summary: Town of Brookhaven housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12%, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 4.7%.
Median Sold Price Compared To Nearby Neighborhoods
Yaphank | $402.6K | $527.5K | +31.0% |
Gordon Heights | $415K | $456.2K | +9.9% |
North Bellport | $440K | $480K | +9.1% |
Medford | $465K | $502.6K | +8.1% |
Town of Brookhaven | $470.6K | $506.9K | +7.7% |
Housing Supply in Town of Brookhaven, NY
How many homes are available in Town of Brookhaven, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2,011 | 2,240 | +11.4% |
Summary: The Town of Brookhaven real estate market had 2,240 homes for sale in April 2024, a 11.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 71 | 82 | +15.5% |
2 Bedrooms | 394 | 404 | +2.5% |
3 Bedrooms | 656 | 745 | +13.6% |
4 Bedrooms | 630 | 730 | +15.9% |
5+ Bedrooms | 260 | 279 | +7.3% |
Summary: The Town of Brookhaven housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 15.5%, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes increased by 7.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
307 | 333 | +8.5% |
Asking Price vs. Sold Price
100 Homes Were Sold
Under Asking
45 Homes Were Sold
At Asking
188 Homes Were Sold
Over Asking
Summary: A total of 333 homes were sold or pending in Town of Brookhaven in April 2024, up by 8.5% month-over-month. Of the 333 sold homes, 30% were sold under asking, 14% were sold at asking, and 56% were sold over asking.
Days on Market for Town of Brookhaven, NY
How long does it take to sell a home in Town of Brookhaven, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
60 Days | 52 Days | -13.5% |
Summary: Homes in Town of Brookhaven had an average of 52 days on market in Apr 2024, down by 13.5% compared to last year.
Breakdown of Home Sale Times
179 Homes Were Sold
Under 30 Days
103 Homes Were Sold
In 30 - 90 Days
51 Homes Were Sold
Over 90 Days
Summary: During April 2024, 333 homes were sold in Town of Brookhaven; 54% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.