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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bellport is a buyer's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Bellport, NY

How much do homes in Bellport, NY cost?

Median Sold Price

$530,000

$333/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$75,000(+16.5%)

Key Takeaway

Homes in Bellport have sold for 16.5% more than they did a year ago.

Summary: The median home sold price in Bellport was $530,000 in April 2024, up 16.5% from last year, and the median price per square foot was $333.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $610K-
N/A
2 $415K$455K
+9.6%
3 $429.5K$459K
+6.9%
4 $469.9K$599.9K
+27.7%
5+ $475K$597.5K
+25.8%

Summary: Bellport housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 27.7%, and 5+ bedroom homes increased by 25.8%.

Median Sold Price Compared To Nearby Cities

Bellport
+16.5%
Brookhaven
+8.1%

Housing Supply in Bellport, NY

How many homes are available in Bellport, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5058+16.0%

Summary: The Bellport real estate market had 58 homes for sale in April 2024, a 16.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1014
+40.0%
4 2932
+10.3%
5+ 89
+12.5%

Summary: The Bellport housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bellport, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Bellport in April 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Bellport, NY

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

Average Sale Time

Apr 2023Apr 2024CHANGE
65 Days204 Days+214.4%

Summary: Homes in Bellport had an average of 204 days on market in Apr 2024, up by 214.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bellport are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in Bellport; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 28 Days Ago

Newest Listings in Bellport, NY

Nearby Markets to Bellport, NY

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