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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bayport is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Bayport was a Neutral Market.

Key Takeaway

Bayport is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bayport, NY

How much do homes in Bayport, NY cost?

Median Sold Price

$740,000

$350/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$84,950(+13.0%)

Key Takeaway

Homes in Bayport have sold for 13% more than they did a year ago.

Summary: The median home sold price in Bayport was $740,000 in November 2024, up 13% from last year, and the median price per square foot was $350.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$425K
N/A
2 $550K$590K
+7.3%
3 $690K$735K
+6.5%
4 $680K$759.5K
+11.7%
5+ $610K$807.5K
+32.4%

Summary: Bayport housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes increased by 32.4%.

Median Sold Price Compared To Nearby Neighborhoods

Sayville
+16.0%
North Patchogue
+15.2%
Bayport
+13.0%
Holbrook
+11.5%
Blue Point
-3.1%

Housing Supply in Bayport, NY

How many homes are available in Bayport, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3530-14.3%

Summary: The Bayport real estate market had 30 homes for sale in November 2024, a 14.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 1613
-18.8%
4 99
0.0%
5+ 96
-33.3%

Summary: The Bayport housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
710+42.9%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bayport, you could pay more than the asking price. 70% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in Bayport in November 2024, up by 42.9% month-over-month. Of the 10 sold homes, 30% were sold under asking, 0% were sold at asking, and 70% were sold over asking.

Days on Market for Bayport, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
43 Days28 Days-35.2%

Summary: Homes in Bayport had an average of 28 days on market in Nov 2024, down by 35.2% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 10 homes were sold in Bayport; 80% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% 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 21 Days Ago

Newest Listings in Bayport, NY

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