Old Westbury, NY Housing Market & Real Estate

Buyer's market-19.0% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Old Westbury, NY is $3.46M, down 19.0% year-over-year. Homes sell in an average of 14 days with 11 active listings. The market is currently a buyer's market.

$3.46Mmedian sale price

Homes sold

2

Last 12 weeks

Days on market

14

Fast-moving

Active listings

11

5.5 months supply

Sale-to-list

92.7%

Below asking

Old Westbury, NY market data

Current housing market statistics for Old Westbury, NY
MetricValue
Median sale price$3.46M
Median list price$3.19M
Year-over-year price change-19.0%
Average days on market14 days
Active inventory11 listings
Months of supply5.5 months
Sale-to-list price ratio92.7%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The Old Westbury housing market is currently classified as a buyer's market with a median sale price of $3.46M. Prices have fallen 19.0% compared to last year, with homes spending an average of 14 days on market, indicating 5.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Old Westbury

There are currently 11 homes listed for sale in Old Westbury, New York. The median listing price is $3.2M.

Active listings

11

Homes on market

Median list price

$3.2M

Avg. days on market

14

Days until sale

New this week

2

Newly listed

Price drops:18.2%of listings
Sale-to-list:92.7%

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Frequently asked questions

What is the average home price in Old Westbury?

The median home sale price in Old Westbury is $3.46M, down 19.0% from last year.

How long do homes stay on market in Old Westbury?

Homes typically spend 14 days on market before going under contract.

Is Old Westbury a buyer's or seller's market?

With 5.5 months of supply, Old Westbury is currently a buyer's market.

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