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Featured local agent — Owego, NY
Sarah Mitchell
Compass Real Estate · Owego, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Owego, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$203,250median sale price
How is the Owego, NY housing market right now?
The median home sale price in Owego, NY is $203,250, up 65.2% year-over-year. Homes sell in an average of 76 days with 14 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Owego a buyer's or seller's market?
Owego, NY is currently a seller's market, based on 3.5 months of supply and homes selling in about 76 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
76
Average pace
Active listings
14
3.5 months supply
Sale-to-list
103.2%
Above asking
What does the Owego housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $203,250 |
| Median list price | $227,000 |
| Year-over-year price change | +65.2% |
| Average days on market | 76 days |
| Active inventory | 14 listings |
| Months of supply | 3.5 months |
| Sale-to-list price ratio | 103.2% |
| Median price per sq ft | $93/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 6 |
| Listings with a price cut | 21.4% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Owego by property type?
How the Owego, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $164,500 | $126/sq ft | 3 | 73 days |
Source: Redfin · Updated monthly
The Owego housing market is currently classified as a seller's market with a median sale price of $203,250. Prices have risen 65.2% compared to last year, with homes spending an average of 76 days on market, indicating 3.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Owego
There are currently 14 homes listed for sale in Owego, New York. The median listing price is $227K.
Active listings
14
Homes on market
Median list price
$227K
Avg. days on market
76
Days until sale
New this week
6
Newly listed
Who lives in Owego?
Population
3,823
Median income
$57,240/yr
Median age
38.3 years
Owner-occupied
45.9%
College grads
35.5%
Avg commute
20.8 min
Source: U.S. Census Bureau ACS
What is it like to live in Owego?
Owego is a community of approximately 4K residents with a median age of 38.3 years.The median household income is $57,240, which represents a working-class community with solid middle-income opportunities. 35.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 45.9%, showing a blend of owner and renter-occupied properties. The average commute time is 20.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Owego offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Owego?
3 schools tracked · 1,571 students
The largest public schools serving Owego, NY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
OWEGO FREE ACADEMY
Grades 9-12 · 614 students
OWEGO ELEMENTARY SCHOOL
Grades PK-5 · 496 students
OWEGO-APALACHIN MIDDLE SCHOOL
Grades 6-8 · 461 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Owego, NY?
Want a head-to-head view? Compare Owego side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Owego?
The median home sale price in Owego is $203,250, up 65.2% from last year.
How long do homes stay on market in Owego?
Homes typically spend 76 days on market before going under contract.
What is the median income in Owego?
The median household income is $57,240 per year.
Is Owego a buyer's or seller's market?
With 3.5 months of supply, Owego is currently a seller's market.
How much does a single-family home cost in Owego?
The median single-family home price in Owego, NY is $164,500 (about $126 per square foot).
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