Oyster Bay Cove, NY is a high-end residential community with a median housing value of $1,837,400 which is more than five times the US median housing value. Despite the already high cost of housing in Oyster Bay Cove, the appreciation rate for homes over one year has been 9.97%, which is significantly greater than the US one year appreciation rate of 8.27%. This makes it an excellent choice for investing in real estate as prices are expected to keep rising steadily. With its stunning views and luxury amenities, Oyster Bay Cove is a desirable place to call home and provides homeowners with excellent investment opportunities.
The median home cost in Oyster Bay Cove is $1,837,400. Home appreciation the last 10 years has been 71.3%. Home Appreciation in Oyster Bay Cove is up 13.1%.
Average Age of Homes
- The median age of Oyster Bay Cove real estate is 43 years old
The Rental Market in Oyster Bay Cove
- Renters make up 7.0% of the Oyster Bay Cove population
- 1.6% of houses and apartments in Oyster Bay Cove, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.