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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ogden is a seller's market

Buyer's
Market

Difference Since March 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

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$45,000(+19.6%)

Key Takeaway

Homes in Ogden have sold for 19.6% more than they did a year ago.

Summary: The median home sold price in Ogden was $275,000 in March 2024, up 19.6% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $163.2K$188K
+15.2%
3 $227.9K$280K
+22.9%
4 $260K$315.1K
+21.2%
5+ $390K$265K
-32.1%

Summary: Ogden housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.2%, 3 bedroom homes increased by 22.9%, 4 bedroom homes increased by 21.2%, and 5+ bedroom homes decreased by 32.1%.

Median Sold Price Compared To Nearby Cities

Ogden
+19.6%
Spencerport
+16.9%
Gates
+13.9%

Housing Supply in Ogden, NY

How many homes are available in Ogden, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2420-16.7%

Summary: The Ogden real estate market had 20 homes for sale in March 2024, a 16.7% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1413
-7.1%
4 64
-33.3%
5+ 10
-100.0%

Summary: The Ogden housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
880.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ogden, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in Ogden in March 2024, the same as the previous month. Of the 8 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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

Mar 2023Mar 2024CHANGE
13 Days7 Days-46.3%

Summary: Homes in Ogden had an average of 7 days on market in Mar 2024, down by 46.3% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Ogden are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 8 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Ogden, NY

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