Is East Northport, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Northport is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, East Northport has remained a Seller's Market.

Key Takeaway

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

Housing Prices in East Northport, NY

How much do homes in East Northport, NY cost?

Median Sold Price

$720,500

$345/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$45,500(+6.7%)

Key Takeaway

Homes in East Northport have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in East Northport was $720,500 in October 2024, up 6.7% from last year, and the median price per square foot was $345.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $375K-
N/A
2 $525.2K$525K
0%
3 $640K$670K
+4.7%
4 $705K$752K
+6.7%
5+ $780K$915K
+17.3%

Summary: East Northport 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 did not change, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 17.3%.

Median Sold Price Compared To Nearby Neighborhoods

Fort Salonga
+30.0%
Centerport
+13.3%
Commack
+11.0%
Town of Huntington
+9.3%
East Northport
+6.7%

Housing Supply in East Northport, NY

How many homes are available in East Northport, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7581+8.0%

Summary: The East Northport real estate market had 81 homes for sale in October 2024, a 8.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 44
0.0%
3 2428
+16.7%
4 4039
-2.5%
5+ 710
+42.9%

Summary: The East Northport 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 remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 42.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2017-15.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Northport, you could pay more than the asking price. 76.5% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in East Northport in October 2024, down by 15.0% month-over-month. Of the 17 sold homes, 24% were sold under asking, 0% were sold at asking, and 76% were sold over asking.

Days on Market for East Northport, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
34 Days48 Days+38.4%

Summary: Homes in East Northport had an average of 48 days on market in Oct 2024, up by 38.4% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 17 homes were sold in East Northport; 65% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 12% 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 22 Days Ago

Newest Listings in East Northport, NY

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