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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Owasco is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Owasco was a Seller's Market.

Key Takeaway

Owasco is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Owasco, NY

How much do homes in Owasco, NY cost?

Median Sold Price

$210,250

$114/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$139,750(-39.9%)

Key Takeaway

Homes in Owasco have sold for 39.9% less than they did a month ago.

Summary: The median home sold price in Owasco was $210,250 in October 2024, down 39.9% from last month, and the median price per square foot was $114.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $130K-
N/A
2 $105K-
N/A
3 $262K$210.2K
-19.8%
4 $525K-
N/A
5+ $625K-
N/A

Summary: Owasco housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 19.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Sennett
-14.9%
Owasco
-39.9%

Housing Supply in Owasco, NY

How many homes are available in Owasco, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2516-36.0%

Summary: The Owasco real estate market had 16 homes for sale in October 2024, a 36.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 10
-100.0%
3 1210
-16.7%
4 73
-57.1%
5+ 32
-33.3%

Summary: The Owasco housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 57.1%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
112-81.8%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Owasco, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Owasco in October 2024, down by 81.8% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Owasco, NY

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

Average Sale Time

Sep 2024Oct 2024CHANGE
66 Days14 Days-78.3%

Summary: Homes in Owasco had an average of 14 days on market in Oct 2024, down by 78.3% compared to last month.

Breakdown of Home Sale Times

2 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 Owasco are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Owasco; 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 17 Days Ago

Newest Listings in Owasco, NY

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