Why Live in Oyster Bay
Oyster Bay, a small hamlet in Long Island, is rich in Revolutionary War history, notably linked to the Culper Spy Ring. The area features colonial-style, folk Victorian, and bungalow Craftsman homes, many with large front porches, appealing to those who appreciate historic charm. The neighborhood includes a mix of small co-ops and larger homes, with some legal two-family homes available, though inventory is limited, leading to competition among buyers. Theodore Roosevelt Memorial Park offers waterfront views, a beach, marina, sports fields, and courts, making it a popular spot for outdoor activities. The Oyster Bay-East Norwich Public School District serves the area, with Oyster Bay High School offering diverse sports options, including fencing. Downtown Oyster Bay is quaint, with shops, restaurants, and attractions like 20th Century Cycles, owned by Billy Joel. Dining options range from upscale 2 Spring to the historic Homestead and cozy Wild Honey. According to local real estate broker Mara Navarette, new restaurants are frequently opening, providing a variety of dining experiences. The Long Island Rail Road connects Oyster Bay to Manhattan in about 80 minutes, offering residents a peaceful retreat with convenient access to the city.
Frequently Asked Questions
Is Oyster Bay a good place to live?
Oyster Bay is a good place to live. Oyster Bay is considered somewhat walkable and somewhat bikeable. Oyster Bay is a suburban neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. Oyster Bay has 7 parks for recreational activities. It is somewhat dense in population with 8.7 people per acre and a median age of 44. The average household income is $126,755 which is above the national average. College graduates make up 48.1% of residents. A majority of residents in Oyster Bay are home owners, with 44% of residents renting and 56% of residents owning their home. A
local real estate agent serving Oyster Bay can help you decide if this neighborhood is the right one for you. Learn more on our
Oyster Bay neighborhood guide.
Is Oyster Bay, NY a safe neighborhood?
Oyster Bay, NY is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in Oyster Bay?
The median home price in Oyster Bay is $385,000. If you put a 20% down payment of $77,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,000 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $86K a year to afford the median home price in Oyster Bay. The average household income in Oyster Bay is $127K.
What are the best public schools in Oyster Bay?
The best public schools that serve Oyster Bay are:
What are the best private schools in Oyster Bay?
The best private schools that serve Oyster Bay are:
What are the most popular zip codes in Oyster Bay, Long Island, NY?
Are home prices dropping in Oyster Bay?
Yes, home prices in Oyster Bay are down 41% in the last 12 months.
Home Trends in Oyster Bay, NY
On average, homes in Oyster Bay, Long Island sell after 61 days on the market compared to the national average of 70 days. The median sale price for homes in Oyster Bay, Long Island over the last 12 months is $385,000, down 30% from the median home sale price over the previous 12 months.
Median Sale Price
$385,000
Median Single Family Sale Price
$385,000
Median Townhouse Sale Price
$255,990
Median 2 Bedroom Sale Price
$400,000
Median 1 Bedroom Sale Price
$240,000
Average Price Per Sq Ft
$295
Number of Homes for Sale
4
Last 12 months Home Sales
43
Median List Price
$385,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-30%