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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oceanside is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Oceanside was a Buyer's Market.

Key Takeaway

Oceanside 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 Oceanside, NY

How much do homes in Oceanside, NY cost?

Median Sold Price

$650,000

$384/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$7,500(+1.2%)

Key Takeaway

Homes in Oceanside have sold for 1.2% more than they did a year ago.

Summary: The median home sold price in Oceanside was $650,000 in April 2024, up 1.2% from last year, and the median price per square foot was $384.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $377K$389K
+3.2%
2 $490K$549K
+12.0%
3 $599.5K$639.5K
+6.7%
4 $715K$707.5K
-1.0%
5+ $787.5K$725K
-7.9%

Summary: Oceanside housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.2%, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes decreased by 7.9%.

Median Sold Price Compared To Nearby Neighborhoods

Town of Hempstead
+3.1%
Oceanside
+1.2%
Rockville Center
0.1%
Baldwin
-0.3%

Housing Supply in Oceanside, NY

How many homes are available in Oceanside, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
126132+4.8%

Summary: The Oceanside real estate market had 132 homes for sale in April 2024, a 4.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 56
+20.0%
2 2124
+14.3%
3 3945
+15.4%
4 4744
-6.4%
5+ 1413
-7.1%

Summary: The Oceanside housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 15.4%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes decreased by 7.1%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1720+17.6%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oceanside, you could pay more than the asking price. 45% of homes here sold above asking price last month.

Summary: A total of 20 homes were sold or pending in Oceanside in April 2024, up by 17.6% month-over-month. Of the 20 sold homes, 40% were sold under asking, 15% were sold at asking, and 45% were sold over asking.

Days on Market for Oceanside, NY

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

Average Sale Time

Apr 2023Apr 2024CHANGE
77 Days76 Days-1.2%

Summary: Homes in Oceanside had an average of 76 days on market in Apr 2024, down by 1.2% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 20 homes were sold in Oceanside; 30% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 30% 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 1 Day Ago

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