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Featured local agent — Oyster Bay, NY
Sarah Mitchell
Compass Real Estate · Oyster Bay, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Oyster Bay, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$885,000median sale price
How is the Oyster Bay, NY housing market right now?
The median home sale price in Oyster Bay, NY is $885,000, down 7.8% year-over-year. Homes sell in an average of 36 days with 12 active listings. The market is currently a balanced 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 Oyster Bay a buyer's or seller's market?
Oyster Bay, NY is currently a balanced market, based on 12.0 months of supply and homes selling in about 36 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
36
Average pace
Active listings
12
12.0 months supply
Sale-to-list
104.2%
Above asking
What does the Oyster Bay housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $885,000 |
| Median list price | $1.02M |
| Year-over-year price change | -7.8% |
| Average days on market | 36 days |
| Active inventory | 12 listings |
| Months of supply | 12.0 months |
| Sale-to-list price ratio | 104.2% |
| Median price per sq ft | $490/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 10 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Oyster Bay by property type?
How the Oyster Bay, 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 | $885,000 | $490/sq ft | 1 | 36 days |
| Condo / Co-op | $339,500 | $387/sq ft | 2 | 81 days |
| Townhouse | $595,000 | $332/sq ft | 1 | 198 days |
Source: Redfin · Updated monthly
The Oyster Bay housing market is currently classified as a balanced market with a median sale price of $885,000. Prices have fallen 7.8% compared to last year, with homes spending an average of 36 days on market, indicating 12.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 10.3x provides context for how home values compare to local earning capacity.
Homes for sale in Oyster Bay
There are currently 12 homes listed for sale in Oyster Bay, New York. The median listing price is $1.0M.
Active listings
12
Homes on market
Median list price
$1.0M
Avg. days on market
36
Days until sale
New this week
10
Newly listed
Who lives in Oyster Bay?
Population
6,900
Median income
$102,540/yr
Median age
39.8 years
Owner-occupied
51.3%
College grads
45.0%
Avg commute
27 min
Source: U.S. Census Bureau ACS
What are homes worth in Oyster Bay?
Zillow home value
$1.05M
Zillow rent index
$3,605/mo
Price-to-rent ratio
24.4x
Price-to-income
10.3x
Source: Zillow Research
What is it like to live in Oyster Bay?
Oyster Bay is a community of approximately 7K residents with a median age of 39.8 years.The median household income is $102,540, which reflects a relatively affluent area with strong earning potential. 45.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 51.3%, showing a blend of owner and renter-occupied properties. The average commute time is 27 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Oyster Bay offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Oyster Bay?
3 schools tracked · 960 students
The largest public schools serving Oyster Bay, 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.
OYSTER BAY HIGH SCHOOL
Grades 9-12 · 417 students
THEODORE ROOSEVELT SCHOOL
Grades PK-2 · 324 students
OYSTER BAY MIDDLE SCHOOL
Grades 7-8 · 219 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 Oyster Bay, NY?
Want a head-to-head view? Compare Oyster Bay side-by-side with any other U.S. city using our market-comparison tool.
Is Oyster Bay a good real estate investment market?
For investors evaluating Oyster Bay, the price-to-rent ratio of 24.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 7.8% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Oyster Bay's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Oyster Bay's median home price.
Frequently asked questions
What is the average home price in Oyster Bay?
The median home sale price in Oyster Bay is $885,000, down 7.8% from last year.
How long do homes stay on market in Oyster Bay?
Homes typically spend 36 days on market before going under contract.
What is the median income in Oyster Bay?
The median household income is $102,540 per year.
Is Oyster Bay a buyer's or seller's market?
With 12.0 months of supply, Oyster Bay is currently a balanced market.
What is the Zillow home value estimate for Oyster Bay?
The Zillow Home Value Index (ZHVI) for Oyster Bay is $1.05M, representing the typical home value in the area.
What is the median condo price in Oyster Bay?
The median condo/co-op sale price in Oyster Bay, NY is $339,500, compared to $885,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Oyster Bay?
The median single-family home price in Oyster Bay, NY is $885,000 (about $490 per square foot).
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