Is Oyster Bay, NY 11771 a buyer’s or seller’s market?

The Oyster Bay housing market right now

In the three months ending August 31, 2026, 38% of homes in Oyster Bay, NY 11771 sold above their list price, the typical home went under contract in 44 days and there were 4 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. That’s based on 22 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 31%, homes sold more slowly (31 days then) and the median sale price fell 4% to $1,169,494. Overall, Oyster Bay is about as competitive as it was a year ago.

Within Nassau County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell less often over asking than in 61%. On our competition score, Oyster Bay ranks #383 of 649 NY ZIP codes with enough sales (score 65 out of 100).

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.