Is Oceanside, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Oceanside was a Neutral Market.
Key Takeaway
Oceanside is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Oceanside, NY
How much do homes in Oceanside, NY cost?
Median Sold Price
$651,500
$384/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Oceanside have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in Oceanside was $651,500 in May 2024, up 1.5% from last year, and the median price per square foot was $384.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $379K | $389K | +2.6% |
| 2 Bedrooms | $490K | $548K | +11.8% |
| 3 Bedrooms | $600K | $645K | +7.5% |
| 4 Bedrooms | $717.5K | $711K | -0.9% |
| 5+ Bedrooms | $772.5K | $732.5K | -5.2% |
Summary: Oceanside housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.6%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 7.5%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes decreased by 5.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Town of Hempstead | $636.8K | $665K | +4.4% |
| Oceanside | $642K | $651.5K | +1.5% |
| Baldwin | $591K | $599.5K | +1.4% |
| Rockville Center | $753K | $745K | -1.1% |
Housing Supply in Oceanside, NY
How many homes are available in Oceanside, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 129 | 148 | +14.7% |
Summary: The Oceanside real estate market had 148 homes for sale in May 2024, a 14.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 9 | +50.0% |
| 2 Bedrooms | 24 | 28 | +16.7% |
| 3 Bedrooms | 46 | 54 | +17.4% |
| 4 Bedrooms | 41 | 44 | +7.3% |
| 5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The Oceanside housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 17.4%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 21 | 19 | -9.5% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oceanside, you may be able to get a good deal. 57.9% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Oceanside in May 2024, down by 9.5% month-over-month. Of the 19 sold homes, 58% were sold under asking, 5% were sold at asking, and 37% were sold over asking.
Days on Market for Oceanside, NY
How long does it take to sell a home in Oceanside, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 77 Days | 61 Days | -20.9% |
Summary: Homes in Oceanside had an average of 61 days on market in May 2024, down by 20.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Oceanside has remained consistent over time.
Summary: During May 2024, 19 homes were sold in Oceanside; 32% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 26% 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.