Westhampton Beach, NY Home Values & Market Trends
Real estate market trends reflect that there have been 89 transactions over the past year in Westhampton Beach. The median value for residential home transactions that occurred over the previous year is $1,995,570.88. The number of current listings in Westhampton Beach is 36, and the percentage of properties for sale in the city is 36.00%. Westhampton Beach, NY currently has 21 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 36 properties for sale.
Westhampton Beach, NY Real Estate Market Overview
Zip | Median Est. Value |
---|---|
11978 | $ 2,531,804 $ 830/sqft |
Housing Market Summary for Westhampton Beach, NY
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $1.8M | $0 | -100.00% |
Median Sold Price | $0 | $0 | - |
Homes For Sale | 17 | 30 | 76.47% |
Homes Sold | 0 | 0 | - |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Westhampton Beach, NY
Browse Homes in Westhampton Beach, NY
Westhampton Beach home values range from $213,007 to $30,632,141. The median estimated value of a home in Westhampton Beach is $1,995,570.88. The median list price of a home is 2,497,500, and the total count of properties in the city is 2,936.
- Pre-ForeclosurePre-foreclosure homes account for 0.68% of all residential properties in Westhampton Beach, NY with 11978 containing 20 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Westhampton Beach, NY; of that zips, the estimated home value for pre-foreclosure homes ranges from $4,199,718 in 11978 to the lowest home value of $308,156 in 11978.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Westhampton Beach, NY ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Westhampton Beach, NY. There is 1 zips within Westhampton Beach, NY; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions11978 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Westhampton Beach, NY. Auction homes and other auction properties account for 0.03% of all properties in Westhampton Beach, NY. There is 1 zips within Westhampton Beach, NY; of that zips, the median estimated home value for homes going to auction ranges from $725,888 in 11978 to the lowest value of $725,888 in 11978.
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Guide for Westhampton Beach, NY
Amid rapid fluctuations in the Rochester real estate sector, a steady increase in the average sale price per square foot has been observed from March 2023 to February 2024. Surrounding cities like East Rochester, Webster, Penfield, Spencerport, and West Henrietta have experienced unique trends, providing a diverse regional real estate climate.
New York City’s real estate market from August 2023 to January 2024 witnessed roughly an 8% increase in average property values, along with fluctuations in per square foot values and sold prices.
An increase is house prices but a slowdown of homes sold in September
With more people working from home, there's an of excess office spaces. Older buildings may be up for apartment conversions especially with proposed tax breaks