The housing market in North Babylon continues to see strong price appreciation, with values up 14.6% compared to last year. The median home price of $647,500 represents a moderate 14.6% increase from this time last year. At the current pace, all available homes in North Babylon would sell out in just 1.3 months, indicating a continued supply shortage. Homes are now taking an average of 34 days to sell, significantly longer than the 22 days typical for this market. The majority of homes (80.0%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the North Babylon market with the affordability index at 229.0. Looking ahead, the North Babylon market is expected to maintain its current trajectory with relatively stable conditions.