Greenport, NY—11944
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Greenport, NY
As of Oct '25, the median home price in Greenport, NY is $955,000, with a year-over-year change of -4.7%. This indicates that home prices in Greenport, NY are decreasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $955,000 | -4.7% |
| Single Family | $970,000 | -4.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $759,000 | -1.8% |
3 Bed | $1,029,000 | -0.7% |
4 Bed | $1,241,000 | 0.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Greenport, NY
As of July '25, Rentcast reports the average rent in Greenport, NY is $5,460, with a year-over-year rent change of 8.3%. Per bedroom, the median rent as of July '25 in Greenport, NY is 1-bedrooms: $3,700, 2-bedrooms: $3,600, 3-bedrooms: $7,280. The most common rental property sizes in Greenport, NY are 2-bedroom and 1-bedroom, accounting for 36.0% and 29.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,000 | $5,460 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $3,400 | $3,700 |
| 2 Bed Rent | $3,500 | $3,600 |
| 3 Bed Rent | $8,000 | $7,280 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Greenport, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Greenport, NY is 71. This is a increase of 29.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,400,000 | 14.0% |
Listing Count | 46 | 18.0% |
| Listings as % of Homes | 0.7% | 18.0% |
Days on Market | 71 | 29.0% |
Demographics — Greenport, NY
As of the latest ACS Survey released in 2023, Greenport, NY has a population of 4,740, which has increased by 15.1% over the past 5 years. Greenport, NY is a moderately popular place for families, as children make up 16.3% of the population. The area has a moderately educated workforce, with 43.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,740 | 15.1% |
% Under 18 | 16.3% | 16.4% |
% Seniors | 30.8% | -5.2% |
% WFH | 10.4% | 57.6% |
% w/ College Degree | 43.5% | 18.5% |
As of the latest ACS Survey released in 2023, Greenport, NY is a predominantly white area, with 68.8% of the population identifying as white. The white population has shrunk by 4.3% in the last 5 years. The second most common race or ethnicity in Greenport, NY is hispanic, making up 22.7% of the population. Foreign-born residents account for 19.2% of the population in Greenport, NY, and this percentage has increased by 43.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 68.8% | -4.3% |
% Black | 3.6% | -64.4% |
% Hispanic | 22.7% | 42.8% |
% Asian | 2.1% | 600.0% |
% Foreign Born | 19.2% | 43.3% |
Mortgage and Risk — Greenport, NY
According to HUD data as of 2023, there were 67 mortgage originations in Greenport, NY, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in Greenport, NY. Investor activity is low, as 7.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 67 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 7.0% |
% Second Loans | 21.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Greenport, NY
Greenport, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 239 |
Total Units Section 8 | 239 |
% Rentals under Section 8 | 32.2% |
% Occupied Section 8 | 55.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$1,300 | $3,400 | $2,100 |
| 2 Bedroom | -$1,080 | $3,500 | $2,420 |
| 3 Bedroom | -$4,860 | $8,000 | $3,140 |
| 4 Bedroom | N/A | N/A | $3,360 |
Affordability — Greenport, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 11.2 |
| Median Home Price | $955,000 |
| Median Household Income | $79,900 |