Is Ossining, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Ossining was a Neutral Market.
Housing Prices in Ossining, NY
How much do homes in Ossining, NY cost?
Median Sold Price
$540,000
$315/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Ossining was $540,000 in May 2024, up 5.5% from last year, and the median price per square foot was $315.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $277.5K | $232.5K | -16.2% |
2 Bedrooms | $397.9K | $464K | +16.6% |
3 Bedrooms | $560K | $575K | +2.7% |
4 Bedrooms | $700K | $722.5K | +3.2% |
5+ Bedrooms | $705K | $730K | +3.5% |
Summary: Ossining housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.2%, 2 bedroom homes increased by 16.6%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 3.5%.
Median Sold Price Compared To Nearby Cities
Croton-on-Hudson | $695K | $781K | +12.4% |
Briarcliff Manor | $835K | $916K | +9.7% |
Cortlandt | $544.2K | $596.7K | +9.6% |
Ossining | $511.6K | $540K | +5.5% |
Housing Supply in Ossining, NY
How many homes are available in Ossining, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
119 | 125 | +5.0% |
Summary: The Ossining real estate market had 125 homes for sale in May 2024, a 5.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 17 | 16 | -5.9% |
2 Bedrooms | 36 | 36 | 0.0% |
3 Bedrooms | 33 | 31 | -6.1% |
4 Bedrooms | 18 | 22 | +22.2% |
5+ Bedrooms | 15 | 20 | +33.3% |
Summary: The Ossining housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5.9%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 6.1%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
21 | 24 | +14.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Ossining in May 2024, up by 14.3% month-over-month. Of the 24 sold homes, 8% were sold under asking, 8% were sold at asking, and 83% were sold over asking.
Days on Market for Ossining, NY
How long does it take to sell a home in Ossining, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
20 Days | 30 Days | +47.1% |
Summary: Homes in Ossining had an average of 30 days on market in May 2024, up by 47.1% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 24 homes were sold in Ossining; 75% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.