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Sarah Mitchell

CNESRESABR

Compass Real Estate · Oyster Bay Cove, NY

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Oyster Bay Cove, NY(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Oyster Bay Cove, NY Housing Market & Real Estate

Buyer's market-5.7% YoY

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?

Buyer's market8.0 months of supply34 avg. days on 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?

Current housing market statistics for Oyster Bay Cove, NY
MetricValue
Median sale price$2.08M
Median list price$2.75M
Year-over-year price change-5.7%
Average days on market34 days
Active inventory8 listings
Months of supply8.0 months
Sale-to-list price ratio94.4%
Median price per sq ft$497/sq ft
Homes sold (latest month)1
New listings (latest month)6
Market conditionBuyer'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.

Median price, price per square foot, homes sold and days on market by property type in Oyster Bay Cove, NY
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$2.08M$497/sq ft134 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

Sale-to-list:94.4%

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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