Is Ogden, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Ogden was a Seller's Market.
Key Takeaway
Ogden is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Ogden, NY
How much do homes in Ogden, NY cost?
Median Sold Price
$275,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Ogden have sold for 17.9% more than they did a year ago.
Summary: The median home sold price in Ogden was $275,000 in May 2024, up 17.9% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $177.4K | $177.5K | 0.0% |
| 3 Bedrooms | $228.9K | $275K | +20.1% |
| 4 Bedrooms | $260K | $315K | +21.2% |
| 5+ Bedrooms | $307.4K | $270K | -12.2% |
Summary: Ogden housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 20.1%, 4 bedroom homes increased by 21.2%, and 5+ bedroom homes decreased by 12.2%.
Median Sold Price Compared To Nearby Cities
| North Chili | $246.5K | $303K | +22.9% |
| Ogden | $233.2K | $275K | +17.9% |
| Spencerport | $240K | $275K | +14.6% |
| Gates | $180K | $205K | +13.9% |
| Parma | $251.2K | $259K | +3.1% |
Housing Supply in Ogden, NY
How many homes are available in Ogden, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 27 | 30 | +11.1% |
Summary: The Ogden real estate market had 30 homes for sale in May 2024, a 11.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 5 | +150.0% |
| 3 Bedrooms | 16 | 14 | -12.5% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 2 | 5 | +150.0% |
Summary: The Ogden housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 150%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ogden, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Ogden in May 2024, down by 37.5% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.
Days on Market for Ogden, NY
How long does it take to sell a home in Ogden, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 6 Days | 5 Days | -12.2% |
Summary: Homes in Ogden had an average of 5 days on market in May 2024, down by 12.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ogden are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in Ogden; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
