Is Bellport, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Bellport was a Neutral Market.
Key Takeaway
Bellport is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bellport, NY
How much do homes in Bellport, NY cost?
Median Sold Price
$545,000
$338/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Bellport have sold for 17.8% more than they did a year ago.
Summary: The median home sold price in Bellport was $545,000 in May 2024, up 17.8% from last year, and the median price per square foot was $338.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $610K | - | N/A |
| 2 Bedrooms | $415K | $440K | +6.0% |
| 3 Bedrooms | $440K | $446K | +1.4% |
| 4 Bedrooms | $469.9K | $625K | +33.0% |
| 5+ Bedrooms | $475K | $597.5K | +25.8% |
Summary: Bellport housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 33%, and 5+ bedroom homes increased by 25.8%.
Median Sold Price Compared To Nearby Cities
| Bellport | $462.5K | $545K | +17.8% |
| Brookhaven | $474.2K | $515K | +8.6% |
Housing Supply in Bellport, NY
How many homes are available in Bellport, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 54 | 55 | +1.9% |
Summary: The Bellport real estate market had 55 homes for sale in May 2024, a 1.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 14 | 17 | +21.4% |
| 4 Bedrooms | 31 | 29 | -6.5% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Bellport housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 21.4%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bellport, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Bellport in May 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Bellport, NY
How long does it take to sell a home in Bellport, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 57 Days | 71 Days | +24.0% |
Summary: Homes in Bellport had an average of 71 days on market in May 2024, up by 24% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Bellport has remained consistent over time.
Summary: During May 2024, 4 homes were sold in Bellport; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.