Is Bayville, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Bayville has remained a Buyer's Market.
Housing Prices in Bayville, NY
How much do homes in Bayville, NY cost?
Median Sold Price
$811,000
$416/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Bayville was $811,000 in May 2024, up 24.8% from last year, and the median price per square foot was $416.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $335K | - | N/A |
2 Bedrooms | $502.5K | $535K | +6.5% |
3 Bedrooms | $612.5K | $719K | +17.4% |
4 Bedrooms | $705.1K | $1.1M | +57.4% |
5+ Bedrooms | $817.5K | $1.1M | +43.7% |
Summary: Bayville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 17.4%, 4 bedroom homes increased by 57.4%, and 5+ bedroom homes increased by 43.7%.
Median Sold Price Compared To Nearby Cities
Bayville | $650K | $811K | +24.8% |
Oyster Bay | $724.1K | $775.5K | +7.1% |
Housing Supply in Bayville, NY
How many homes are available in Bayville, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 19 | +11.8% |
Summary: The Bayville real estate market had 19 homes for sale in May 2024, a 11.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 5 | 7 | +40.0% |
4 Bedrooms | 7 | 5 | -28.6% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Bayville housing inventory by bedroom type for May 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 decreased by 28.6%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Bayville in May 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Bayville, NY
How long does it take to sell a home in Bayville, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
26 Days | 100 Days | +279.2% |
Summary: Homes in Bayville had an average of 100 days on market in May 2024, up by 279.2% 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
Summary: During May 2024, 2 homes were sold in Bayville; 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.