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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bayville is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Bayville was a Buyer's Market.

Key Takeaway

Bayville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Bayville, NY

How much do homes in Bayville, NY cost?

Median Sold Price

$822,000

$434/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$63,000(+8.3%)

Key Takeaway

Homes in Bayville have sold for 8.3% more than they did a year ago.

Summary: The median home sold price in Bayville was $822,000 in November 2024, up 8.3% from last year, and the median price per square foot was $434.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $497.5K$585K
+17.6%
3 $720K$753K
+4.6%
4 $957.5K$977.5K
+2.1%
5+ $877.5K$850K
-3.1%

Summary: Bayville 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 17.6%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes decreased by 3.1%.

Median Sold Price Compared To Nearby Cities

Oyster Bay
+10.3%
Bayville
+8.3%

Housing Supply in Bayville, NY

How many homes are available in Bayville, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2120-4.8%

Summary: The Bayville real estate market had 20 homes for sale in November 2024, a 4.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 44
0.0%
4 99
0.0%
5+ 56
+20.0%

Summary: The Bayville 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 decreased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bayville, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Bayville in November 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Bayville, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
32 Days69 Days+115.6%

Summary: Homes in Bayville had an average of 69 days on market in Nov 2024, up by 115.6% 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 Bayville are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Bayville; 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 21 Days Ago

Newest Listings in Bayville, NY

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