March 9, 2026
Patchogue homes sold near asking price in January 2026 amid Suffolk's low inventory. Median Suffolk sales hit $700K, up 4.5% year-over-year.
Patchogue home sales stats show homes sold for approximately the asking price in January 2026, as Suffolk County grapples with tight inventory just like the chilly winter along Montauk Highway.
In Suffolk County, closed home sales totaled 775 in January 2026, part of Long Island's 1,394 total sales, down 6.7% from January 2025. Median sale price climbed 4.5% to $700,000, reflecting demand in areas like Patchogue near the Patchogue Theatre for the Performing Arts on East Main Street. Inventory stood at 2,466 homes countywide in December 2025, down 18% year-over-year with just 2.2 months of supply.
Patchogue remains a buyer's balanced seller's market, with 84 homes for sale at a median $564,999. Month-over-month, listings dropped 2.82%, days on market rose to 15.38, and price per square foot gained 1.30% to $385. Year-over-year, median price rose 1.41%, with price per square foot up 24.16%. Zillow pegs typical home values at $586,218, up 3.2% over the past year. Homes near South Ocean Avenue go pending in about 26 days.
Long Island listings hit 4,305 in January, 16.4% below last year, pushing prices higher despite fewer sales. Experts like Molly Deegan of Branch Real Estate Group note the pattern: tight supply, firm pricing. Suffolk's median held at $700K from December but beat January 2025's $670K. New listings tick up slightly, hinting at spring rebound near spots like the Great South Bay.
With inventory 66.2% below peaks, Patchogue sellers hold edge, but rising days on market signal buyer caution. Renters face $2,375 median, up 0.21% yearly with 61 units. Patchogue's broader economic revival continues to draw buyers to the area, while comparable January 2026 home sales data from nearby Smithtown reflects similar tight-market conditions across Suffolk County.
Stay ahead of Suffolk County trends—explore more LI Daily real estate market data for Patchogue insights and list your home today.
