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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenpoint is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Greenpoint has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Greenpoint, NY

How much do homes in Greenpoint, NY cost?

Median Sold Price

$1,600,000

$1,412/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$295,000(+22.6%)

Key Takeaway

Homes in Greenpoint have sold for 22.6% more than they did a year ago.

Summary: The median home sold price in Greenpoint was $1,600,000 in October 2024, up 22.6% from last year, and the median price per square foot was $1,412.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $835K$985K
+18.0%
2 $1.4M$1.4M
-3.4%
3 $2.2M$2.3M
+5.1%
4 $1.8M$2.2M
+20.5%
5+ $2.2M$2.2M
-0.6%

Summary: Greenpoint housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 20.5%, and 5+ bedroom homes decreased by 0.6%.

Median Sold Price Compared To Nearby Neighborhoods

Greenpoint
+22.6%
Northern Brooklyn
+8.5%
Williamsburg
+8.3%

Housing Supply in Greenpoint, NY

How many homes are available in Greenpoint, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
84840.0%

Summary: The Greenpoint real estate market had 84 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 2623
-11.5%
2 1418
+28.6%
3 2019
-5.0%
4 23
+50.0%
5+ 2221
-4.5%

Summary: The Greenpoint housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.5%, 2 bedroom homes increased by 28.6%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 4.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
148-42.9%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greenpoint, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in Greenpoint in October 2024, down by 42.9% month-over-month. Of the 8 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Greenpoint, NY

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 15 Days Ago

Newest Listings in Greenpoint, NY

Nearby Markets to Greenpoint, NY