Is Ogden, 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, Ogden has remained a Seller's Market.
Key Takeaway
Ogden is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ogden, NY
How much do homes in Ogden, NY cost?
Median Sold Price
$275,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Ogden have sold for 18.5% more than they did a year ago.
Summary: The median home sold price in Ogden was $275,000 in April 2024, up 18.5% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $165K | $188K | +13.9% |
| 3 Bedrooms | $230K | $277.5K | +20.7% |
| 4 Bedrooms | $262.4K | $315K | +20.0% |
| 5+ Bedrooms | $339.9K | $270K | -20.6% |
Summary: Ogden housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.9%, 3 bedroom homes increased by 20.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 20.6%.
Median Sold Price Compared To Nearby Cities
| Ogden | $232K | $275K | +18.5% |
| Spencerport | $237K | $275K | +16.0% |
| Gates | $180K | $205K | +13.9% |
| Parma | $245K | $257.2K | +5.0% |
Housing Supply in Ogden, NY
How many homes are available in Ogden, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 22 | +4.8% |
Summary: The Ogden real estate market had 22 homes for sale in April 2024, a 4.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 14 | 14 | 0.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Ogden housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 4 | -55.6% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ogden, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Ogden in April 2024, down by 55.6% month-over-month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Ogden, NY
How long does it take to sell a home in Ogden, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 22 Days | 9 Days | -59.1% |
Summary: Homes in Ogden had an average of 9 days on market in Apr 2024, down by 59.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ogden are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Ogden; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
