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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Centerport is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Centerport was a Seller's Market.

Key Takeaway

Centerport is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Centerport, NY

How much do homes in Centerport, NY cost?

Median Sold Price

$850,000

$446/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$100,000(+13.3%)

Key Takeaway

Homes in Centerport have sold for 13.3% more than they did a year ago.

Summary: The median home sold price in Centerport was $850,000 in October 2024, up 13.3% from last year, and the median price per square foot was $446.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$850K
N/A
2 $575K$607.3K
+5.6%
3 $725K$805K
+11.0%
4 $805K$877.5K
+9.0%
5+ $1.1M$950K
-17.4%

Summary: Centerport housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 9%, and 5+ bedroom homes decreased by 17.4%.

Median Sold Price Compared To Nearby Neighborhoods

Centerport
+13.3%
Greenlawn
+13.2%
Town of Huntington
+9.3%
East Northport
+6.7%

Housing Supply in Centerport, NY

How many homes are available in Centerport, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2522-12.0%

Summary: The Centerport real estate market had 22 homes for sale in October 2024, a 12.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 138
-38.5%
4 88
0.0%
5+ 23
+50.0%

Summary: The Centerport 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 50%, 3 bedroom homes decreased by 38.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
72-71.4%

Asking Price vs. Sold Price

0 Homes Were 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 Centerport, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Centerport in October 2024, down by 71.4% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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 2023Oct 2024CHANGE
49 Days36 Days-26.7%

Summary: Homes in Centerport had an average of 36 days on market in Oct 2024, down by 26.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 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 October 2024, 2 homes were sold in Centerport; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in Centerport, NY

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