Is Old Westbury, NY 11568 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Old Westbury is a balanced market. With about 5.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Not ranked this month. Fewer than 15 sales in the 3-month window, so the numbers can swing too much to compare fairly. How the heat score works

Months of supply5.5Under 4 months = seller’s market
Sold above original list14.3%Share of sales, last 3 months
Median sale-to-list92.7%Sold price ÷ list price
Median days on market132Listing to accepted offer
Median price per sq ft$652▲ +11.3% vs. last year

The Old Westbury housing market right now

In the three months ending August 31, 2026, 14% of homes in Old Westbury, NY 11568 sold above their list price, the typical home went under contract in 132 days and there were 5.5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 7 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (66 days then) and the median sale price rose 4% to $3,487,379. Overall, Old Westbury is less competitive than a year ago, which gives buyers more room.

Within Nassau County, homes here sell more slowly than in 97% of the county’s ZIP codes, and sell less often over asking than in 92%.

Nearby, buyers who want less competition could look at Point Lookout 11569 (0% sold over asking) or Atlantic Beach 11509 (0% sold over asking), while Malverne 11565 (75% sold over asking) and Wantagh 11793 (74% sold over asking) are even more competitive.

Nearby markets

Albertson 11507Balanced $598 /sq ftAtlantic Beach 11509Buyer’s market $523 /sq ftBaldwin 11510Seller’s market $461 /sq ftBayville 11709Balanced $454 /sq ft Browse all markets →

Where Old Westbury is

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Questions about Old Westbury real estate

Is Old Westbury a buyer’s or seller’s market?

A balanced market: there were 5.5 months of supply in Old Westbury, NY 11568 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 Old Westbury?

The typical home went under contract in 132 days in the latest three months.

Do homes in Old Westbury sell over asking?

14% of homes sold above their original list price, and the typical sale closed at 92.7% of the list price.

What are property taxes in Old Westbury?

About 1.46% of a home’s value a year in Nassau County, or roughly $5,840 on a $400,000 home.

What is the median home price in Old Westbury?

The median sale price was $3,487,379 in the three months ending August 31, 2026, about $652 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