Is Greenport, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenport is a buyer's market

Buyer's
Market

Difference Since April 2023

Since last year, Greenport has remained a Buyer's Market.

Key Takeaway

Greenport is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Greenport, NY

How much do homes in Greenport, NY cost?

Median Sold Price

$965,000

$538/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$78,750(+8.9%)

Key Takeaway

Homes in Greenport have sold for 8.9% more than they did a year ago.

Summary: The median home sold price in Greenport was $965,000 in April 2024, up 8.9% from last year, and the median price per square foot was $538.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $250K$422.5K
+69.0%
2 $645K$739.5K
+14.7%
3 $900K$890K
-1.1%
4 $1.3M$1.1M
-14.4%
5+ $760K$1.1M
+52.7%

Summary: Greenport housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 69%, 2 bedroom homes increased by 14.7%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 14.4%, and 5+ bedroom homes increased by 52.7%.

Median Sold Price Compared To Nearby Cities

Greenport
+8.9%
Southold
+7.4%

Housing Supply in Greenport, NY

How many homes are available in Greenport, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3948+23.1%

Summary: The Greenport real estate market had 48 homes for sale in April 2024, a 23.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 23
+50.0%
2 1112
+9.1%
3 1418
+28.6%
4 1214
+16.7%
5+ 01
+100.0%

Summary: The Greenport housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greenport, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Greenport in April 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Greenport, NY

How long does it take to sell a home in Greenport, NY?

Average Sale Time

Apr 2023Apr 2024CHANGE
64 Days72 Days+12.5%

Summary: Homes in Greenport had an average of 72 days on market in Apr 2024, up by 12.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Greenport are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in Greenport; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Greenport, NY

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