$10,000 Closing Credit*
$2,295,000
5,174 SqFt
5 Beds
•5 Full Baths, 1 Partial
Listing Office: Coldwell Banker American Homes
Is Westhampton, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Westhampton has remained a Buyer's Market.
Key Takeaway
Westhampton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Westhampton, NY
How much do homes in Westhampton, NY cost?
Median Sold Price
$1,475,000
$613/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$175,000(+13.5%)
Key Takeaway
Homes in Westhampton have sold for 13.5% more than they did a year ago.
Summary: The median home sold price in Westhampton was $1,475,000 in October 2024, up 13.5% from last year, and the median price per square foot was $613.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $385K | $575K | +49.4% |
| 2 Bedrooms | $1.1M | $1.0M | -9.0% |
| 3 Bedrooms | $1.0M | $897.5K | -12.6% |
| 4 Bedrooms | $1.8M | $1.7M | -2.2% |
| 5+ Bedrooms | $2.4M | $2.0M | -15.7% |
Summary: Westhampton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 49.4%, 2 bedroom homes decreased by 9%, 3 bedroom homes decreased by 12.6%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 15.7%.
Median Sold Price Compared To Nearby Neighborhoods
| East Quogue | $900K | $1.0M | +16.7% |
| Westhampton | $1.3M | $1.4M | +13.5% |
| Remsenburg & Speonk | $1.4M | $1.3M | -9.5% |
Housing Supply in Westhampton, NY
How many homes are available in Westhampton, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 37 | +5.7% |
Summary: The Westhampton real estate market had 37 homes for sale in October 2024, a 5.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Westhampton 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Westhampton, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Westhampton in October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Westhampton, NY
How long does it take to sell a home in Westhampton, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 95 Days | 172 Days | +80.3% |
Summary: Homes in Westhampton had an average of 172 days on market in Oct 2024, up by 80.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Westhampton are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Westhampton; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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.