$10,000 Closing Credit*
$849,000
4 Beds
•2 Full Baths
Listing Office: Coldwell Banker American Homes
Is Oyster Bay, 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, Oyster Bay was a Seller's Market.
Key Takeaway
Oyster Bay is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Oyster Bay, NY
How much do homes in Oyster Bay, NY cost?
Median Sold Price
$825,857
$456/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$77,076(+10.3%)
Key Takeaway
Homes in Oyster Bay have sold for 10.3% more than they did a year ago.
Summary: The median home sold price in Oyster Bay was $825,857 in November 2024, up 10.3% from last year, and the median price per square foot was $456.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $265K | $285K | +7.5% |
| 2 Bedrooms | $575K | $636.5K | +10.7% |
| 3 Bedrooms | $680.5K | $750K | +10.2% |
| 4 Bedrooms | $765.8K | $837K | +9.3% |
| 5+ Bedrooms | $1.2M | $1.3M | +12.6% |
Summary: Oyster Bay housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.5%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 12.6%.
Median Sold Price Compared To Nearby Cities
| Oyster Bay | $748.7K | $825.8K | +10.3% |
| Farmingdale | $585.5K | $643.5K | +9.9% |
| Farmingdale | $585K | $642.3K | +9.8% |
| Muttontown | $2.0M | $1.7M | -15.2% |
Housing Supply in Oyster Bay, NY
How many homes are available in Oyster Bay, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,234 | 1,183 | -4.1% |
Summary: The Oyster Bay real estate market had 1,183 homes for sale in November 2024, a 4.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 20 | 19 | -5.0% |
| 2 Bedrooms | 46 | 45 | -2.2% |
| 3 Bedrooms | 363 | 343 | -5.5% |
| 4 Bedrooms | 398 | 380 | -4.5% |
| 5+ Bedrooms | 407 | 396 | -2.7% |
Summary: The Oyster Bay housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5%, 2 bedroom homes decreased by 2.2%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes decreased by 2.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 208 | 189 | -9.1% |
Asking Price vs. Sold Price
75 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
93 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oyster Bay, you could pay more than the asking price. 49.2% of homes here sold above asking price last month.
Summary: A total of 189 homes were sold or pending in Oyster Bay in November 2024, down by 9.1% month-over-month. Of the 189 sold homes, 40% were sold under asking, 11% were sold at asking, and 49% were sold over asking.
Days on Market for Oyster Bay, NY
How long does it take to sell a home in Oyster Bay, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 52 Days | 48 Days | -8.6% |
Summary: Homes in Oyster Bay had an average of 48 days on market in Nov 2024, down by 8.6% compared to last year.
Breakdown of Home Sale Times
93 Homes Were Sold
Under 30 Days
68 Homes Were Sold
In 30 - 90 Days
28 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Oyster Bay are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 189 homes were sold in Oyster Bay; 49% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. 
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally