Is Oak Bluffs, MA 02557 a buyer’s or seller’s market?
Oak Bluffs is a seller’s market. With about 2.1 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Oak Bluffs housing market right now
In the three months ending August 31, 2026, 0% of homes in Oak Bluffs, MA 02557 sold above their list price, the typical home went under contract in 68 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (110 days then) and the median sale price rose 110% to $2,448,940. Overall, Oak Bluffs is more competitive than a year ago, so tougher for buyers.
Within Dukes County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Edgartown 02539 (9% sold over asking) is even more competitive.
Run the numbers for 02557
Nearby markets
Chilmark 02535Buyer’s market $1,176 /sq ftCuttyhunk 02713 — /sq ftEdgartown 02539Buyer’s market $1,071 /sq ftVineyard Haven 02568Buyer’s market $772 /sq ft Browse all markets →Where Oak Bluffs is
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Questions about Oak Bluffs real estate
Is Oak Bluffs a buyer’s or seller’s market?
A seller’s market: there were 2.1 months of supply in Oak Bluffs, MA 02557 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Oak Bluffs?
The typical home went under contract in 68 days in the latest three months.
Do homes in Oak Bluffs sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.1% of the list price.
What are property taxes in Oak Bluffs?
About 0.50% of a home’s value a year in Dukes County, or roughly $2,000 on a $400,000 home.
What is the median home price in Oak Bluffs?
The median sale price was $2,448,940 in the three months ending August 31, 2026, about $1,354 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology