Centerport, NY: A Charming Coastal Village with a Hot Real Estate Market

Nestled along the North Shore of Long Island, Centerport offers a perfect blend of coastal living and suburban charm. With its competitive real estate market and picturesque setting, Centerport has been attracting attention from homebuyers and investors alike. Let’s dive into what makes Centerport an appealing place to call home in 2024.

Centerport’s Thriving Real Estate Landscape

According to Redfin’s latest data, the Centerport housing market is very competitive, scoring 80 out of 100 on their Compete Score.

Key real estate trends in Centerport include:

• Median sale price: $860,000 (August 2024), up 11.0% from last year
• Average time on market: 25 days, compared to 14 days last year
• Number of homes sold in August: 8, down from 13 last year

Market Competitiveness

The Centerport market is characterized by:

• Many homes receiving multiple offers, some with waived contingencies
• Average homes selling for about 3% above list price
• Hot homes selling for about 10% above list price and going pending in around 12 days

Living in Centerport: Community and Education

While specific information about Centerport’s community activities wasn’t provided in the search results, we can infer that as part of Suffolk County, residents likely have access to various local events and recreational opportunities.

Schools

Centerport is served by local school districts. One notable school in the area is:

• Washington Drive Primary School (Public, K-2, 584 Students)

Migration Trends

Centerport is experiencing interesting migration patterns:

• 3% of homebuyers searched to move into Centerport from outside metros
• 69% of Centerport homebuyers searched to stay within the Centerport metropolitan area
• Top inbound metros: Sheboygan, Pittsburg, and Visalia
• Top outbound destinations: Miami, Philadelphia, and Boston

Climate Considerations

When considering real estate in Centerport, it’s important to be aware of potential environmental factors:

• Proximity to coastal areas may present risks of flooding or storm surge
• Seasonal weather patterns, including potential for hurricanes and nor’easters

Looking Ahead: Centerport’s Future

As we look to the future, Centerport seems poised for continued growth. Its competitive housing market and coastal location make it an attractive option for a diverse range of residents.

However, potential residents and investors should be aware of some considerations:

• The highly competitive real estate market may require quick decision-making and strong offers
• While home prices are rising, the number of homes sold has decreased, indicating a potential supply constraint
• As with many coastal areas, climate-related risks should be factored into long-term planning

Conclusion

Centerport offers a compelling blend of coastal living with a competitive real estate market and suburban charm. Whether you’re considering a move to Centerport or looking to invest in the area, this Long Island village provides a balance of residential comfort with potential for growth and appreciation.

From its hot real estate market to its location on Long Island’s North Shore, Centerport remains an attractive destination for those seeking a coastal suburban experience. As it continues to evolve, Centerport may offer increasing opportunities for both residents and investors looking for a slice of Long Island’s coastal charm.