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Port Jefferson, NY Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2021 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Port Jefferson, NY Housing Market Trends

With a population of 7,983, 3,059 total housing units (homes and apartments), and a median house value of $798,184, Port Jefferson house prices are not only among the most expensive in New York, Port Jefferson real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Port Jefferson, accounting for 65.70% of the village's housing units. Other types of housing that are prevalent in Port Jefferson include large apartment complexes or high rise apartments ( 17.98%), row houses and other attached homes ( 8.45%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.87%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Port Jefferson. Owner-occupied housing accounts for 72.35% of Port Jefferson's homes, and 57.95% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Port Jefferson built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Port Jefferson built between 1940-1969 ( 33.38%). A lesser amount of the housing stock also hails from before 1939 ( 18.47%). There's also some housing in Port Jefferson built between 2000 and later ( 12.22%).

Port Jefferson Home Appreciation Rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Port Jefferson, where house values have increased just 43.38%, which is annualized rate of 3.67%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.

Over the last year, Port Jefferson appreciation rates have trailed the rest of the nation. In the last twelve months, Port Jefferson's appreciation rate has been 1.89%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Port Jefferson were at 2.59%, which equates to an annual appreciation rate of 10.79%.

Relative to New York, our data show that Port Jefferson's latest annual appreciation rate is lower than 60% of the other cities and towns in New York.

Average Home Values

Median Home Value

$798,184

Port Jefferson, NY Home Prices
> $1,232,000
$924,001 - $1,232,000
$616,001 - $924,000
$492,001 - $616,000
$370,001 - $492,000
$247,001 - $370,000
$123,001 - $247,000
$61,001 - $123,000
$0 - $61,000
7.0%
7.0%
14.6%
14.6%
42.6%
42.6%
20.1%
20.1%
14.9%
14.9%
0.3%
0.3%
0.6%
0.6%
0.0%
0.0%
0.1%
0.1%
0% 100.0%
% of Homes
Very High

for New york

Very High

for nation

Number of Homes And Apartments:

3,059

Port Jefferson Appreciation Rates

Rent & Ownership

Average Market Rent:

$3,833 / per month

Homeownership Rate

Owners
Renters
Vacant
72.4%
72.4%
27.6%
27.6%
6.3%
6.3%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
12.2%
12.2%
35.9%
35.9%
33.4%
33.4%
18.5%
18.5%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
65.7%
65.7%
8.5%
8.5%
7.9%
7.9%
18.0%
18.0%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.8%
2.8%
13.9%
13.9%
14.6%
14.6%
27.7%
27.7%
30.2%
30.2%
10.7%
10.7%
0% 100.0%
% of Homes

Popular Neighborhoods in Port Jefferson

Zip Codes in Port Jefferson, NY