$1,722 Closing Credit*
$145,000
1,257 SqFt
3 Beds
•2 Full Baths
Brooke Wills, Listing Office: Century 21 Galloway Realty
Is Oswego, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Oswego was a Seller's Market.
Key Takeaway
Oswego is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Oswego, NY
How much do homes in Oswego, NY cost?
Median Sold Price
$159,725
$102/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$16,058(+11.2%)
Key Takeaway
Homes in Oswego have sold for 11.2% more than they did a year ago.
Summary: The median home sold price in Oswego was $159,725 in November 2024, up 11.2% from last year, and the median price per square foot was $102.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95K | - | N/A |
| 2 Bedrooms | $102.5K | $113.5K | +10.8% |
| 3 Bedrooms | $142K | $160K | +12.7% |
| 4 Bedrooms | $175K | $190.6K | +8.9% |
| 5+ Bedrooms | $182.5K | $163.4K | -10.5% |
Summary: Oswego housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes decreased by 10.5%.
Housing Supply in Oswego, NY
How many homes are available in Oswego, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 122 | 97 | -20.5% |
Summary: The Oswego real estate market had 97 homes for sale in November 2024, a 20.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 19 | 10 | -47.4% |
| 3 Bedrooms | 57 | 45 | -21.1% |
| 4 Bedrooms | 28 | 23 | -17.9% |
| 5+ Bedrooms | 16 | 18 | +12.5% |
Summary: The Oswego housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 47.4%, 3 bedroom homes decreased by 21.1%, 4 bedroom homes decreased by 17.9%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 13 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oswego, you could pay more than the asking price. 69.2% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Oswego in November 2024, down by 50.0% month-over-month. Of the 13 sold homes, 15% were sold under asking, 15% were sold at asking, and 69% were sold over asking.
Days on Market for Oswego, NY
How long does it take to sell a home in Oswego, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 21 Days | +22.0% |
Summary: Homes in Oswego had an average of 21 days on market in Nov 2024, up by 22% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Oswego are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in Oswego; 85% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
