Search Ossining, NY homes for sale with Ossining expert, Nancy Kennedy.
The Ossining housing market is moderately competitive, with homes typically receiving an average of three offers and selling within approximately 115 days. Last month, the median sale price for a home in Ossining was $533,000, reflecting a 29.9% increase compared to the previous year. Additionally, the median price per square foot rose to $358, marking a 34.5% year-over-year increase.
Median Sale Price
Median Sale Price per Sq. Ft.
Total Homes Sold
Median Days on Market
In November 2024, home prices in Ossining saw a significant increase, rising 29.9% from the previous year, with a median sale price of $533,000. While prices are climbing, the market has slowed considerably—homes now take an average of 115 days to sell, compared to just 21 days in November 2023. This longer selling time may indicate a shift toward a buyer's market. Additionally, only 6 homes were sold this November, a sharp drop from the 14 homes sold during the same month last year, highlighting reduced activity in the local housing market.
Ossining's housing market is moderately competitive. Most homes sell in approximately 28.5 days, with some receiving multiple offers. On average, homes sell for about 3% above the list price and typically go under contract within 29 days. In contrast, "hot" homes—those in high demand—can sell for as much as 8% above the list price and often go under contract in just 17 days, showcasing the market's potential for quick and competitive sales.
As of November 2024, Ossining, NY, is considered a balanced market, meaning the supply of homes for sale is roughly equal to the demand. This equilibrium creates a stable environment for both buyers and sellers, with neither group having a significant advantage in negotiations.
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Looking for a place that combines small-town charm with rich history and vibrant amenities? Ossining, NY, might be just what you’re seeking. Our comprehensive neighborhood guide is packed with insights into the area's best dining, shopping, schools, and real estate opportunities. Dive in now to uncover everything Ossining has to offer and start planning your next move!
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