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.
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 69 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%