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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Centerport is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Centerport was a Buyer's Market.

Key Takeaway

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

Housing Prices in Centerport, NY

How much do homes in Centerport, NY cost?

Median Sold Price

$880,000

$923/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$23,000(+2.7%)

Key Takeaway

Homes in Centerport have sold for 2.7% more than they did a month ago.

Summary: The median home sold price in Centerport was $880,000 in November 2024, up 2.7% from last month, and the median price per square foot was $923.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$842K
N/A
3 -$880K
N/A
4 $857K-
N/A
5+ --
N/A

Summary: Centerport 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 did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Centerport, NY

How many homes are available in Centerport, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2223+4.5%

Summary: The Centerport real estate market had 23 homes for sale in November 2024, a 4.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 79
+28.6%
4 87
-12.5%
5+ 33
0.0%

Summary: The Centerport 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 remained the same, 3 bedroom homes increased by 28.6%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Centerport, 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 Centerport in November 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Centerport, NY

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

Average Sale Time

Oct 2024Nov 2024CHANGE
36 Days65 Days+79.7%

Summary: Homes in Centerport had an average of 65 days on market in Nov 2024, up by 79.7% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 5 homes were sold in Centerport; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% 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 18 Days Ago

Newest Listings in Centerport, NY

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