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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ogden is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Ogden, NY

How much do homes in Ogden, NY cost?

Median Sold Price

$275,000

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,000(+1.9%)

Key Takeaway

Homes in Ogden have sold for 1.9% more than they did a year ago.

Summary: The median home sold price in Ogden was $275,000 in October 2024, up 1.9% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $182.7K$212.5K
+16.3%
3 $251.5K$270K
+7.4%
4 $313.5K$303K
-3.3%
5+ $270K$340K
+25.9%

Summary: Ogden housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.3%, 3 bedroom homes increased by 7.4%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 25.9%.

Median Sold Price Compared To Nearby Cities

North Chili
+11.1%
Spencerport
+6.2%
Gates
+6.1%
Ogden
+1.9%
Parma
-0.7%

Housing Supply in Ogden, NY

How many homes are available in Ogden, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4132-22.0%

Summary: The Ogden real estate market had 32 homes for sale in October 2024, a 22.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 2011
-45.0%
4 1310
-23.1%
5+ 46
+50.0%

Summary: The Ogden housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 45%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1312-7.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ogden, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in Ogden in October 2024, down by 7.7% month-over-month. Of the 12 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Ogden, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
10 Days6 Days-34.2%

Summary: Homes in Ogden had an average of 6 days on market in Oct 2024, down by 34.2% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 12 homes were sold in Ogden; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

Newest Listings in Ogden, NY

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