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Featured local agent — Oyster Bay Cove, NY
Sarah Mitchell
Compass Real Estate · Oyster Bay Cove, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Oyster Bay Cove, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$2.08Mmedian sale price
How is the Oyster Bay Cove, NY housing market right now?
The median home sale price in Oyster Bay Cove, NY is $2.08M, down 5.7% year-over-year. Homes sell in an average of 34 days with 8 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Oyster Bay Cove a buyer's or seller's market?
Oyster Bay Cove, NY is currently a buyer's market, based on 8.0 months of supply and homes selling in about 34 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
34
Average pace
Active listings
8
8.0 months supply
Sale-to-list
94.4%
Below asking
What does the Oyster Bay Cove housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $2.08M |
| Median list price | $2.75M |
| Year-over-year price change | -5.7% |
| Average days on market | 34 days |
| Active inventory | 8 listings |
| Months of supply | 8.0 months |
| Sale-to-list price ratio | 94.4% |
| Median price per sq ft | $497/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 6 |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Oyster Bay Cove by property type?
How the Oyster Bay Cove, 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 | $2.08M | $497/sq ft | 1 | 34 days |
Source: Redfin · Updated monthly
The Oyster Bay Cove housing market is currently classified as a buyer's market with a median sale price of $2.08M. Prices have fallen 5.7% compared to last year, with homes spending an average of 34 days on market, indicating 8.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 9.6x provides context for how home values compare to local earning capacity.
Homes for sale in Oyster Bay Cove
There are currently 8 homes listed for sale in Oyster Bay Cove, New York. The median listing price is $2.7M.
Active listings
8
Homes on market
Median list price
$2.7M
Avg. days on market
34
Days until sale
New this week
6
Newly listed
Who lives in Oyster Bay Cove?
Population
2,067
Median income
$250,001/yr
Median age
50.1 years
Owner-occupied
91.3%
College grads
78.6%
Avg commute
41.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Oyster Bay Cove?
Zillow home value
$2.40M
Price-to-income
9.6x
Source: Zillow Research
What is it like to live in Oyster Bay Cove?
Oyster Bay Cove is a community of approximately 2K residents with a median age of 50.1 years.The median household income is $250,001, which reflects a relatively affluent area with strong earning potential. 78.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 91.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 41.9 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Oyster Bay Cove offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Oyster Bay Cove, NY?
Want a head-to-head view? Compare Oyster Bay Cove side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Oyster Bay Cove?
The median home sale price in Oyster Bay Cove is $2.08M, down 5.7% from last year.
How long do homes stay on market in Oyster Bay Cove?
Homes typically spend 34 days on market before going under contract.
What is the median income in Oyster Bay Cove?
The median household income is $250,001 per year.
Is Oyster Bay Cove a buyer's or seller's market?
With 8.0 months of supply, Oyster Bay Cove is currently a buyer's market.
What is the Zillow home value estimate for Oyster Bay Cove?
The Zillow Home Value Index (ZHVI) for Oyster Bay Cove is $2.40M, representing the typical home value in the area.
How much does a single-family home cost in Oyster Bay Cove?
The median single-family home price in Oyster Bay Cove, NY is $2.08M (about $497 per square foot).
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