With only 1.8 months of inventory, Northport remains a seller's market. Home prices have decreased 2.0% in the past month. At the current pace, all available homes in Northport would sell out in just 1.8 months, indicating a continued supply shortage. Homes are taking about 14 days to sell, which is 3 days longer than this time last year. A significant 30.8% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 29.5% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Northport market with the affordability index at 59.4. Based on current market indicators, home prices in Northport are projected to decrease by approximately 3.1% over the next month.