$7,125 Closing Credit*
$599,999
1,544 SqFt
4 Beds
•2 Full Baths
Listing Office: Real Broker NY LLC
Is North Bay Shore, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, North Bay Shore was a Buyer's Market.
Key Takeaway
North Bay Shore is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Bay Shore, NY
How much do homes in North Bay Shore, NY cost?
Median Sold Price
$585,000
$356/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$74,000(+14.5%)
Key Takeaway
Homes in North Bay Shore have sold for 14.5% more than they did a year ago.
Summary: The median home sold price in North Bay Shore was $585,000 in October 2024, up 14.5% from last year, and the median price per square foot was $356.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $129.5K | - | N/A |
| 2 Bedrooms | $400K | $482K | +20.5% |
| 3 Bedrooms | $501K | $525K | +4.8% |
| 4 Bedrooms | $500K | $595K | +19.0% |
| 5+ Bedrooms | $610K | $650K | +6.6% |
Summary: North Bay Shore 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 20.5%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 19%, and 5+ bedroom homes increased by 6.6%.
Median Sold Price Compared To Nearby Neighborhoods
| North Bay Shore | $511K | $585K | +14.5% |
| Town of Islip | $537K | $600K | +11.7% |
| Brentwood | $511K | $570K | +11.5% |
| Bay Shore | $515K | $560K | +8.7% |
Housing Supply in North Bay Shore, NY
How many homes are available in North Bay Shore, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 32 | -5.9% |
Summary: The North Bay Shore real estate market had 32 homes for sale in October 2024, a 5.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 15 | 11 | -26.7% |
| 4 Bedrooms | 6 | 9 | +50.0% |
| 5+ Bedrooms | 11 | 10 | -9.1% |
Summary: The North Bay Shore 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 decreased by 26.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Bay Shore, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in North Bay Shore in October 2024, down by 33.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for North Bay Shore, NY
How long does it take to sell a home in North Bay Shore, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 48 Days | +31.5% |
Summary: Homes in North Bay Shore had an average of 48 days on market in Oct 2024, up by 31.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in North Bay Shore are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in North Bay Shore; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.