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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ossining is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Ossining has remained a Seller's Market.

Key Takeaway

Ossining is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Ossining, NY

How much do homes in Ossining, NY cost?

Median Sold Price

$550,000

$321/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$40,000(+7.8%)

Key Takeaway

Homes in Ossining have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in Ossining was $550,000 in September 2024, up 7.8% from last year, and the median price per square foot was $321.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $275K$350K
+27.3%
2 $425K$450K
+5.9%
3 $560K$580K
+3.6%
4 $735K$730K
-0.7%
5+ $732.5K$735K
0.3%

Summary: Ossining housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.3%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes increased by 0.3%.

Median Sold Price Compared To Nearby Cities

Croton-on-Hudson
+13.6%
Cortlandt
+11.9%
Ossining
+7.8%
Briarcliff Manor
+2.3%

Housing Supply in Ossining, NY

How many homes are available in Ossining, NY?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
115118+2.6%

Summary: The Ossining real estate market had 118 homes for sale in September 2024, a 2.6% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 1014
+40.0%
2 3630
-16.7%
3 2331
+34.8%
4 2522
-12.0%
5+ 2121
0.0%

Summary: The Ossining housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 34.8%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2320-13.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ossining, you could pay more than the asking price. 55% of homes here sold above asking price last month.

Summary: A total of 20 homes were sold or pending in Ossining in September 2024, down by 13.0% month-over-month. Of the 20 sold homes, 30% were sold under asking, 15% were sold at asking, and 55% were sold over asking.

Days on Market for Ossining, NY

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

Average Sale Time

Sep 2023Sep 2024CHANGE
43 Days29 Days-31.1%

Summary: Homes in Ossining had an average of 29 days on market in Sep 2024, down by 31.1% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 20 homes were sold in Ossining; 50% of homes were sold within 30 days, 50% 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 15 Days Ago

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