$1,484 Closing Credit*
$124,990
725 SqFt
2 Beds
•1 Full Bath
Listing Office: Realty Connect USA L I Inc
Is Baiting Hollow, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Baiting Hollow was a Buyer's Market.
Key Takeaway
Baiting Hollow is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Baiting Hollow, NY
How much do homes in Baiting Hollow, NY cost?
Median Sold Price
$510,000
$428/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$65,000(-11.3%)
Key Takeaway
Homes in Baiting Hollow have sold for 11.3% less than they did a year ago.
Summary: The median home sold price in Baiting Hollow was $510,000 in October 2024, down 11.3% from last year, and the median price per square foot was $428.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $280.5K | $520K | +85.4% |
| 2 Bedrooms | $557.5K | $340K | -39.0% |
| 3 Bedrooms | $637K | $615K | -3.5% |
| 4 Bedrooms | $935K | $735K | -21.4% |
| 5+ Bedrooms | $640.7K | $650K | +1.4% |
Summary: Baiting Hollow housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 85.4%, 2 bedroom homes decreased by 39%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes increased by 1.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Calverton | $450K | $540K | +20.0% |
| Town of Riverhead | $570K | $610.1K | +7.0% |
| Wading River | $685K | $670K | -2.2% |
| Baiting Hollow | $575K | $510K | -11.3% |
Housing Supply in Baiting Hollow, NY
How many homes are available in Baiting Hollow, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 25 | +25.0% |
Summary: The Baiting Hollow real estate market had 25 homes for sale in October 2024, a 25.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 11 | +22.2% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Baiting Hollow housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Baiting Hollow, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Baiting Hollow in October 2024, up by 400.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Baiting Hollow, NY
How long does it take to sell a home in Baiting Hollow, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 48 Days | +154.7% |
Summary: Homes in Baiting Hollow had an average of 48 days on market in Oct 2024, up by 154.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Baiting Hollow has remained consistent over time.
Summary: During October 2024, 5 homes were sold in Baiting Hollow; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% 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.