Is Oceanside, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oceanside is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Oceanside has remained a Seller's Market.

Key Takeaway

Oceanside is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Oceanside, NY

How much do homes in Oceanside, NY cost?

Median Sold Price

$693,333

$386/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$62,500(+9.9%)

Key Takeaway

Homes in Oceanside have sold for 9.9% more than they did a year ago.

Summary: The median home sold price in Oceanside was $693,333 in November 2024, up 9.9% from last year, and the median price per square foot was $386.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $384K$400K
+4.2%
2 $532.5K$561.7K
+5.5%
3 $625K$686K
+9.8%
4 $696.5K$730K
+4.8%
5+ $742.5K$850K
+14.5%

Summary: Oceanside housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.2%, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 14.5%.

Median Sold Price Compared To Nearby Neighborhoods

Barnum Island
+16.9%
Oceanside
+9.9%
Baldwin
+9.9%
Town of Hempstead
+9.7%
Rockville Center
+0.6%

Housing Supply in Oceanside, NY

How many homes are available in Oceanside, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
155148-4.5%

Summary: The Oceanside real estate market had 148 homes for sale in November 2024, a 4.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1211
-8.3%
2 1412
-14.3%
3 4847
-2.1%
4 6360
-4.8%
5+ 1818
0.0%

Summary: The Oceanside housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 8.3%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2630+15.4%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oceanside, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in Oceanside in November 2024, up by 15.4% month-over-month. Of the 30 sold homes, 50% were sold under asking, 13% were sold at asking, and 37% were sold over asking.

Days on Market for Oceanside, NY

How long does it take to sell a home in Oceanside, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
52 Days36 Days-30.0%

Summary: Homes in Oceanside had an average of 36 days on market in Nov 2024, down by 30% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Oceanside are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 30 homes were sold in Oceanside; 57% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

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