$59,900
3.00 Acres
Land
Cindy B. Rosato, Listing Office: RE/MAX Realty Group
Is Branchport, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Branchport has remained a Seller's Market.
Key Takeaway
Branchport is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Branchport, NY
How much do homes in Branchport, NY cost?
Median Sold Price
$313,500
$418/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$74,000(+30.9%)
Key Takeaway
Homes in Branchport have sold for 30.9% more than they did a month ago.
Summary: The median home sold price in Branchport was $313,500 in November 2024, up 30.9% from last month, and the median price per square foot was $418.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $131K | $389.2K | +197.1% |
| 3 Bedrooms | $348K | $312K | -10.3% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Branchport housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 197.1%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Italy | $348K | $465K | +33.6% |
| Branchport | $239.5K | $313.5K | +30.9% |
| Keuka Park | $425K | $450K | +5.9% |
Housing Supply in Branchport, NY
How many homes are available in Branchport, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Summary: The Branchport real estate market had 5 homes for sale in November 2024, a 28.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Branchport 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 33.3%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 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 Branchport, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Branchport in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Branchport, NY
How long does it take to sell a home in Branchport, NY?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 Days | 11 Days | +133.3% |
Summary: Homes in Branchport had an average of 11 days on market in Nov 2024, up by 133.3% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Branchport are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Branchport; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.