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

Since last month, Owasco has remained a Buyer'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

$287,500

$150/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$77,250(+36.7%)

Key Takeaway

Homes in Owasco have sold for 36.7% more than they did a month ago.

Summary: The median home sold price in Owasco was $287,500 in November 2024, up 36.7% from last month, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $210.2K-
N/A
4 -$287.5K
N/A
5+ --
N/A

Summary: Owasco housing prices by bedroom type for November 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Owasco
+36.7%
Niles
+23.4%

Housing Supply in Owasco, NY

How many homes are available in Owasco, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1719+11.8%

Summary: The Owasco real estate market had 19 homes for sale in November 2024, a 11.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 02
+100.0%
3 109
-10.0%
4 45
+25.0%
5+ 22
0.0%

Summary: The Owasco housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

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 November 2024, the same as the previous 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

Oct 2024Nov 2024CHANGE
14 Days63 Days+334.5%

Summary: Homes in Owasco had an average of 63 days on market in Nov 2024, up by 334.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Owasco; 0% of homes were sold within 30 days, 100% 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

Nearby Markets to Owasco, NY

What housing markets are near Owasco, NY?