Is Babylon, NY 11702 a buyer’s or seller’s market?

The Babylon housing market right now

In the three months ending August 31, 2026, 73% of homes in Babylon, NY 11702 sold above their list price, the typical home went under contract in 24 days and there were 2.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 42 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 61%, homes sold faster (31 days then) and the median sale price rose 10% to $799,654. Overall, Babylon is more competitive than a year ago, so tougher for buyers.

Within Suffolk County, homes here sell faster than in 64% of the county’s ZIP codes, and sell more often over asking than in 84%. On our competition score, Babylon ranks #215 of 649 NY ZIP codes with enough sales (score 88 out of 100).

Nearby, buyers who want less competition could look at Westhampton 11977 (0% sold over asking) or Water Mill 11976 (0% sold over asking), while West Sayville 11796 (100% sold over asking) and Peconic 11958 (100% sold over asking) are even more competitive.