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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oceanside is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Oceanside was a Seller's Market.

Key Takeaway

Oceanside is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Oceanside, NY

How much do homes in Oceanside, NY cost?

Median Sold Price

$686,000

$387/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$54,000(+8.5%)

Key Takeaway

Homes in Oceanside have sold for 8.5% more than they did a year ago.

Summary: The median home sold price in Oceanside was $686,000 in October 2024, up 8.5% from last year, and the median price per square foot was $387.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $384K$414.7K
+8.0%
2 $525K$565K
+7.6%
3 $625K$682.5K
+9.2%
4 $710K$727K
+2.4%
5+ $742.5K$860K
+15.8%

Summary: Oceanside housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 15.8%.

Median Sold Price Compared To Nearby Neighborhoods

Town of Hempstead
+10.1%
Oceanside
+8.5%
Baldwin
+8.1%
Rockville Center
0.0%

Housing Supply in Oceanside, NY

How many homes are available in Oceanside, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
146157+7.5%

Summary: The Oceanside real estate market had 157 homes for sale in October 2024, a 7.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1012
+20.0%
2 1213
+8.3%
3 4449
+11.4%
4 6063
+5.0%
5+ 2020
0.0%

Summary: The Oceanside housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2024+20.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

2 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. 45.8% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in Oceanside in October 2024, up by 20.0% month-over-month. Of the 24 sold homes, 46% were sold under asking, 8% were sold at asking, and 46% 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

Oct 2023Oct 2024CHANGE
59 Days41 Days-30.4%

Summary: Homes in Oceanside had an average of 41 days on market in Oct 2024, down by 30.4% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Oceanside has remained consistent over time.

Summary: During October 2024, 24 homes were sold in Oceanside; 38% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 8% 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 21 Days Ago

Newest Listings in Oceanside, NY

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