Is Greenport, 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, Greenport was a Buyer's Market.
Housing Prices in Greenport, NY
How much do homes in Greenport, NY cost?
Median Sold Price
$895,000
$512/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Greenport was $895,000 in May 2024, up 5.3% from last year, and the median price per square foot was $512.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $238.7K | $422.5K | +77.0% |
2 Bedrooms | $550K | $679K | +23.5% |
3 Bedrooms | $861.2K | $727K | -15.6% |
4 Bedrooms | $1.1M | $1.1M | -3.4% |
5+ Bedrooms | $1.2M | $1.0M | -16.5% |
Summary: Greenport housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 77%, 2 bedroom homes increased by 23.5%, 3 bedroom homes decreased by 15.6%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes decreased by 16.5%.
Median Sold Price Compared To Nearby Cities
Greenport | $850K | $895K | +5.3% |
Hudson | $450K | $420K | -6.7% |
Housing Supply in Greenport, NY
How many homes are available in Greenport, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
52 | 59 | +13.5% |
Summary: The Greenport real estate market had 59 homes for sale in May 2024, a 13.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 13 | 15 | +15.4% |
3 Bedrooms | 20 | 21 | +5.0% |
4 Bedrooms | 15 | 17 | +13.3% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Greenport housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 10 | +233.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Greenport in May 2024, up by 233.3% month-over-month. Of the 10 sold homes, 60% were sold under asking, 10% were sold at asking, and 30% were sold over asking.
Days on Market for Greenport, NY
How long does it take to sell a home in Greenport, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
69 Days | 41 Days | -41.0% |
Summary: Homes in Greenport had an average of 41 days on market in May 2024, down by 41% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in Greenport; 40% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.