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Featured local agent — Three Mile Bay, NY
Sarah Mitchell
Compass Real Estate · Three Mile Bay, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Three Mile Bay, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$137,000median sale price
How is the Three Mile Bay, NY housing market right now?
The median home sale price in Three Mile Bay, NY is $137,000, down 54.3% year-over-year. Homes sell in an average of 79 days. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of December 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Three Mile Bay a buyer's or seller's market?
Three Mile Bay, NY is currently a buyer's market and homes selling in about 79 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
79
Average pace
Active listings
—
Sale-to-list
92.0%
Below asking
What does the Three Mile Bay housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $137,000 |
| Year-over-year price change | -54.3% |
| Average days on market | 79 days |
| Sale-to-list price ratio | 92.0% |
| Median price per sq ft | $68/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Three Mile Bay by property type?
How the Three Mile Bay, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $137,000 | $68/sq ft | 1 | 79 days |
Source: Redfin · Updated monthly
The Three Mile Bay housing market is currently classified as a buyer's market with a median sale price of $137,000. Prices have fallen 54.3% compared to last year, with homes spending an average of 79 days on market.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 7.9x provides context for how home values compare to local earning capacity.
Homes for sale in Three Mile Bay
Explore homes currently listed for sale in Three Mile Bay, New York across major real estate platforms.
Who lives in Three Mile Bay?
Population
40
Median income
$34,875/yr
Median age
31.5 years
Owner-occupied
100.0%
Source: U.S. Census Bureau ACS
What are homes worth in Three Mile Bay?
Zillow home value
$274,336
Price-to-income
7.9x
Source: Zillow Research
What is it like to live in Three Mile Bay?
Three Mile Bay is a community of approximately 0K residents with a median age of 31.5 years.The median household income is $34,875, which represents a working-class community with solid middle-income opportunities.0
Homeownership rates are at 100.0%, reflecting strong community stability and long-term resident commitment.Overall, Three Mile Bay offers a distinctive character that appeals to different lifestyle preferences.
Which cities are near Three Mile Bay, NY?
Want a head-to-head view? Compare Three Mile Bay side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Three Mile Bay?
The median home sale price in Three Mile Bay is $137,000, down 54.3% from last year.
How long do homes stay on market in Three Mile Bay?
Homes typically spend 79 days on market before going under contract.
What is the median income in Three Mile Bay?
The median household income is $34,875 per year.
What is the Zillow home value estimate for Three Mile Bay?
The Zillow Home Value Index (ZHVI) for Three Mile Bay is $274,336, representing the typical home value in the area.
How much does a single-family home cost in Three Mile Bay?
The median single-family home price in Three Mile Bay, NY is $137,000 (about $68 per square foot).
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