Is Ogden, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Ogden has remained a Seller's Market.
Key Takeaway
Ogden is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ogden, NY
How much do homes in Ogden, NY cost?
Median Sold Price
$275,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Ogden have sold for 13.9% more than they did a year ago.
Summary: The median home sold price in Ogden was $275,000 in June 2024, up 13.9% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $169.9K | $191.5K | +12.7% |
| 3 Bedrooms | $230K | $271K | +17.8% |
| 4 Bedrooms | $267.4K | $310K | +15.9% |
| 5+ Bedrooms | $272.5K | $280K | +2.8% |
Summary: Ogden housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.7%, 3 bedroom homes increased by 17.8%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes increased by 2.8%.
Median Sold Price Compared To Nearby Cities
| North Chili | $243K | $302K | +24.3% |
| Spencerport | $237K | $280K | +18.1% |
| Ogden | $241.5K | $275K | +13.9% |
| Gates | $181K | $205K | +13.3% |
| Parma | $249.9K | $265K | +6.0% |
Housing Supply in Ogden, NY
How many homes are available in Ogden, NY?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 33 | 34 | +3.0% |
Summary: The Ogden real estate market had 34 homes for sale in June 2024, a 3.0% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 15 | 14 | -6.7% |
| 4 Bedrooms | 7 | 11 | +57.1% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Ogden housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 57.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 7 | 13 | +85.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ogden, you could pay more than the asking price. 84.6% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Ogden in June 2024, up by 85.7% month-over-month. Of the 13 sold homes, 8% were sold under asking, 8% were sold at asking, and 85% were sold over asking.
Days on Market for Ogden, NY
How long does it take to sell a home in Ogden, NY?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 10 Days | 7 Days | -24.5% |
Summary: Homes in Ogden had an average of 7 days on market in Jun 2024, down by 24.5% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ogden are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 13 homes were sold in Ogden; 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.
