Is Owasco, 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, Owasco was a Seller's Market.
Housing Prices in Owasco, NY
How much do homes in Owasco, NY cost?
Median Sold Price
$327,000
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Owasco was $327,000 in May 2024, up 37.7% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $175K | $560K | +220.0% |
2 Bedrooms | $435.2K | $350K | -19.6% |
3 Bedrooms | $237.5K | $239K | +0.6% |
4 Bedrooms | $205K | $600K | +192.7% |
5+ Bedrooms | $649.9K | $785K | +20.8% |
Summary: Owasco housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 220%, 2 bedroom homes decreased by 19.6%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 192.7%, and 5+ bedroom homes increased by 20.8%.
Median Sold Price Compared To Nearby Cities
Owasco | $237.5K | $327K | +37.7% |
Sennett | $260K | $325K | +25.0% |
Fleming | $215K | $214.9K | 0% |
Auburn | $159.5K | $159K | -0.4% |
Housing Supply in Owasco, NY
How many homes are available in Owasco, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 17 | +13.3% |
Summary: The Owasco real estate market had 17 homes for sale in May 2024, a 13.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 6 | 8 | +33.3% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Owasco housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Owasco in May 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
9 Days | 3 Days | -62.5% |
Summary: Homes in Owasco had an average of 3 days on market in May 2024, down by 62.5% compared to last year.
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
Summary: During May 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.