Is Ossining, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$535,000
$314/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Ossining have sold for 4.9% more than they did a year ago.
Summary: The median home sold price in Ossining was $535,000 in April 2024, up 4.9% from last year, and the median price per square foot was $314.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $277.5K | $174.7K | -37.0% |
| 2 Bedrooms | $397.9K | $445K | +11.8% |
| 3 Bedrooms | $550K | $580K | +5.5% |
| 4 Bedrooms | $636.5K | $737.5K | +15.9% |
| 5+ Bedrooms | $725K | $725K | 0.0% |
Summary: Ossining housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 37%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Croton-on-Hudson | $699.5K | $775K | +10.8% |
| Cortlandt | $549.8K | $601.6K | +9.4% |
| Briarcliff Manor | $860K | $911.5K | +6.0% |
| Ossining | $510K | $535K | +4.9% |
Housing Supply in Ossining, NY
How many homes are available in Ossining, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 114 | 117 | +2.6% |
Summary: The Ossining real estate market had 117 homes for sale in April 2024, a 2.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 15 | 17 | +13.3% |
| 2 Bedrooms | 35 | 36 | +2.9% |
| 3 Bedrooms | 31 | 32 | +3.2% |
| 4 Bedrooms | 19 | 17 | -10.5% |
| 5+ Bedrooms | 14 | 15 | +7.1% |
Summary: The Ossining housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 13.3%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes increased by 7.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 22 | +46.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ossining, you could pay more than the asking price. 77.3% of homes here sold above asking price last month.
Summary: A total of 22 homes were sold or pending in Ossining in April 2024, up by 46.7% month-over-month. Of the 22 sold homes, 14% were sold under asking, 9% were sold at asking, and 77% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 76 Days | 41 Days | -45.9% |
Summary: Homes in Ossining had an average of 41 days on market in Apr 2024, down by 45.9% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Ossining are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 22 homes were sold in Ossining; 73% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.