Is East Setauket, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, East Setauket was a Seller's Market.
Housing Prices in East Setauket, NY
How much do homes in East Setauket, NY cost?
Median Sold Price
$730,000
$316/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in East Setauket was $730,000 in May 2024, up 7.7% from last year, and the median price per square foot was $316.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $600K | $574.9K | -4.2% |
3 Bedrooms | $582.5K | $625K | +7.3% |
4 Bedrooms | $709K | $790K | +11.4% |
5+ Bedrooms | $960K | $999.9K | +4.2% |
Summary: East Setauket housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.2%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 4.2%.
Median Sold Price Compared To Nearby Cities
Port Jefferson | $637.5K | $720K | +12.9% |
Brookhaven | $474.2K | $515K | +8.6% |
East Setauket | $677.5K | $730K | +7.7% |
Housing Supply in East Setauket, NY
How many homes are available in East Setauket, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
90 | 96 | +6.7% |
Summary: The East Setauket real estate market had 96 homes for sale in May 2024, a 6.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 14 | 21 | +50.0% |
4 Bedrooms | 46 | 40 | -13.0% |
5+ Bedrooms | 25 | 29 | +16.0% |
Summary: The East Setauket housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes increased by 16%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 15 | -11.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in East Setauket in May 2024, down by 11.8% month-over-month. Of the 15 sold homes, 27% were sold under asking, 20% were sold at asking, and 53% were sold over asking.
Days on Market for East Setauket, NY
How long does it take to sell a home in East Setauket, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
47 Days | 29 Days | -37.7% |
Summary: Homes in East Setauket had an average of 29 days on market in May 2024, down by 37.7% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 15 homes were sold in East Setauket; 73% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.