Is Saint James, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint James is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Saint James was a Seller's Market.

Key Takeaway

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

Housing Prices in Saint James, NY

How much do homes in Saint James, NY cost?

Median Sold Price

$655,000

$331/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$100,000(+18.0%)

Key Takeaway

Homes in Saint James have sold for 18% more than they did a year ago.

Summary: The median home sold price in Saint James was $655,000 in November 2024, up 18% from last year, and the median price per square foot was $331.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $362K$425K
+17.4%
2 $470K$488.5K
+3.9%
3 $580K$631K
+8.8%
4 $650K$865K
+33.1%
5+ $980K$900K
-8.2%

Summary: Saint James housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.4%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 33.1%, and 5+ bedroom homes decreased by 8.2%.

Median Sold Price Compared To Nearby Neighborhoods

Saint James
+18.0%
Nesconset
+13.0%
Town of Brookhaven
+12.0%
Town of Smithtown
+9.0%
Stony Brook
+6.8%

Housing Supply in Saint James, NY

How many homes are available in Saint James, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6860-11.8%

Summary: The Saint James real estate market had 60 homes for sale in November 2024, a 11.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 55
0.0%
2 129
-25.0%
3 2218
-18.2%
4 2021
+5.0%
5+ 97
-22.2%

Summary: The Saint James housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 22.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
168-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint James, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in Saint James in November 2024, down by 50.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 13% were sold at asking, and 63% were sold over asking.

Days on Market for Saint James, NY

How long does it take to sell a home in Saint James, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
44 Days53 Days+21.3%

Summary: Homes in Saint James had an average of 53 days on market in Nov 2024, up by 21.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Saint James has remained consistent over time.

Summary: During November 2024, 8 homes were sold in Saint James; 38% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 13% 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 18 Days Ago

Newest Listings in Saint James, NY

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