Is Northport, 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, Northport was a Seller's Market.
Housing Prices in Northport, NY
How much do homes in Northport, NY cost?
Median Sold Price
$900,000
$377/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Northport was $900,000 in April 2024, up 6.4% from last year, and the median price per square foot was $377.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $375K | $515K | +37.3% |
2 Bedrooms | $700K | $611.3K | -12.7% |
3 Bedrooms | $750K | $745K | -0.7% |
4 Bedrooms | $897.5K | $975K | +8.6% |
5+ Bedrooms | $1.1M | $1.3M | +20.6% |
Summary: Northport housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 37.3%, 2 bedroom homes decreased by 12.7%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 20.6%.
Median Sold Price Compared To Nearby Cities
Northport | $846K | $900K | +6.4% |
Huntington | $729.8K | $770.1K | +5.5% |
Housing Supply in Northport, NY
How many homes are available in Northport, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
73 | 96 | +31.5% |
Summary: The Northport real estate market had 96 homes for sale in April 2024, a 31.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 0 | 2 | +100.0% |
3 Bedrooms | 20 | 27 | +35.0% |
4 Bedrooms | 31 | 38 | +22.6% |
5+ Bedrooms | 21 | 28 | +33.3% |
Summary: The Northport 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 increased by 100%, 3 bedroom homes increased by 35%, 4 bedroom homes increased by 22.6%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 14 | +100.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Northport in April 2024, up by 100.0% month-over-month. Of the 14 sold homes, 43% were sold under asking, 7% were sold at asking, and 50% were sold over asking.
Days on Market for Northport, NY
How long does it take to sell a home in Northport, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
40 Days | 45 Days | +13.0% |
Summary: Homes in Northport had an average of 45 days on market in Apr 2024, up by 13% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in Northport; 57% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.