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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Otisville is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Otisville has remained a Seller's Market.

Key Takeaway

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

How much do homes in Otisville, NY cost?

Median Sold Price

$225,000

$227/sqft

Based on all homes sold in October 2022.

Difference Since Last Month

+$18,300(+8.9%)

Key Takeaway

Homes in Otisville have sold for 8.9% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2022Oct 2022%
1 --
N/A
2 $206.7K$225K
+8.9%
3 --
N/A
4 --
N/A
5+ --
N/A

How many homes are available in Otisville, NY?

Number of Homes For Sale

Sep 2022Oct 2022%
32-33.3%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 21
-50.0%
3 00
0.0%
4 11
0.0%
5+ 00
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Average Sale Time

Sep 2022Oct 2022%
153 Days20 Days-86.9%

Breakdown of Home Sale Times

1 Home Was 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 Otisville are selling fast, if you're buying plan to act quickly.

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

About Otisville, NY

There are 2 homes are for sale in Otisville, NY real estate market. The number of listings in Otisville, NY decreased by 33.3% between September 2022 and October 2022. In October 2022 median list price was $225,000 and the average listing age was 20 days. From October 2021 through October 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties increased by 8.9%, 3 bedrooms properties prices increased by 0%, the cost of 4 bedrooms properties went up by 0%, prices of 5 bedrooms properties went up by 0%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory decreased by 50%, 3 bedrooms homes inventory did not change, number of 4 bedrooms homes remained the same, 5 bedrooms homes did not move. Over 1 listings were sold over their listed price in October 2022 in Otisville, NY. In the same period over 0 listings were sold below the listed price and 0 listings were sold for the listed price.

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