Is Oswego County, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Oswego County was a Seller's Market.
Housing Prices in Oswego County, NY
How much do homes in Oswego County, NY cost?
Median Sold Price
$170,008
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Oswego County was $170,008 in March 2024, up 7.3% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $85K | $120K | +41.2% |
2 Bedrooms | $120K | $144K | +20.0% |
3 Bedrooms | $165K | $170.3K | +3.3% |
4 Bedrooms | $180K | $200K | +11.1% |
5+ Bedrooms | $240K | $200K | -16.7% |
Summary: Oswego County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 41.2%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 16.7%.
Median Sold Price Compared To Nearby Counties
Oswego County | $158.3K | $170K | +7.3% |
Onondaga County | $206.2K | $221.2K | +7.2% |
Oneida County | $182.5K | $187.8K | +2.9% |
Cayuga County | $177.4K | $174.9K | -1.4% |
Madison County | $219K | $215.3K | -1.7% |
Housing Supply in Oswego County, NY
How many homes are available in Oswego County, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
260 | 239 | -8.1% |
Summary: The Oswego County real estate market had 239 homes for sale in March 2024, a 8.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 35 | 34 | -2.9% |
3 Bedrooms | 121 | 105 | -13.2% |
4 Bedrooms | 69 | 60 | -13.0% |
5+ Bedrooms | 30 | 34 | +13.3% |
Summary: The Oswego County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 2.9%, 3 bedroom homes decreased by 13.2%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes increased by 13.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
60 | 37 | -38.3% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 37 homes were sold or pending in Oswego County in March 2024, down by 38.3% month-over-month. Of the 37 sold homes, 38% were sold under asking, 16% were sold at asking, and 46% were sold over asking.
Days on Market for Oswego County, NY
How long does it take to sell a home in Oswego County, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
35 Days | 22 Days | -36.2% |
Summary: Homes in Oswego County had an average of 22 days on market in Mar 2024, down by 36.2% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 37 homes were sold in Oswego County; 73% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.