Oceanside, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Oceanside Neighborhoods Since 2000




Oceanside, NY Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Oceanside Housing Market Information

With a population of 32,556, 10,752 total housing units (homes and apartments), and a median house value of $473,533, Oceanside house prices are not only among the most expensive in New York, Oceanside real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Oceanside, accounting for 82.49% of the town's housing units. Other types of housing that are prevalent in Oceanside include duplexes, homes converted to apartments or other small apartment buildings ( 7.36%), large apartment complexes or high rise apartments ( 6.26%), and a few row houses and other attached homes ( 3.46%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Oceanside. Owner-occupied housing accounts for 87.25% of Oceanside's homes, and 72.11% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Oceanside's housing was primarily built during this period, from the '40s through the '60s. A full 64.43% of the town's housing hails from this era. Other housing ages represented in Oceanside include homes built before 1939 ( 18.97%) and housing constructed between 1970-1999 ( 14.06%). There's also some housing in Oceanside built between 2000 and later ( 2.54%).

Oceanside Home Appreciation Rates

Oceanside's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Oceanside during the period has been just -1.03%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Oceanside's appreciation rate, at 4.68%, has been at or slightly above the national average. In the latest quarter, Oceanside's appreciation rate has been 0.66%, which annualizes to a rate of 2.68%.

Relative to New York, our data show that Oceanside's latest annual appreciation rate is higher than 70% of the other cities and towns in New York.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Oceanside differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Oceanside - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Oceanside real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$473,533

Oceanside, NY HOME PRICES

Value Range
> $1,101,000 0.4
$825,001 - $1,101,000 2.6
$550,001 - $825,000 25.0
$440,001 - $550,000 36.5
$330,001 - $440,000 25.5
$220,001 - $330,000 5.6
$110,001 - $220,000 1.3
$55,001 - $110,000 0.3
$0 - $55,000 2.8

Very High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
6.66822922770421 18.8552188552189

Number Of Homes And Apartments:
10,752

Oceanside Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NY*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
55.98% 2.61% 5 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,965 / per month

Homeownership Rate

Homeownership
Owners 87.25
Renters 12.75
Vacant 4.15

Housing Market Details

 

Age of Homes

AGE OF Oceanside HOMES
2000 or Newer 2.5
1970 - 1999 14.1
1940 - 1969 64.4
1939 or Older 19.0

Types of Homes

TYPE OF Oceanside HOMES
Single-Family 82.5
Townhomes 3.5
Small Apt. Buildings 7.4
Apt. Complexes 6.3
Mobile Homes 0.0
Other 0.4

Home Size

SIZE OF Oceanside HOMES
No Bedroom 0.79
1 Bedroom 6.09
2 Bedrooms 15.10
3 Bedrooms 43.02
4 Bedrooms 29.10
5 or more bedrooms 5.90