Ossining, NY—10562
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ossining, NY
As of Oct '25, the median home price in Ossining, NY is $638,000, with a year-over-year change of 4.1%. This indicates that home prices in Ossining, NY are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $638,000 | 4.1% |
| Single Family | $674,000 | 4.0% |
| Condos | $418,000 | 4.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $353,000 | 2.6% |
2 Bed | $515,000 | 3.6% |
3 Bed | $653,000 | 4.1% |
4 Bed | $785,000 | 4.2% |
| 5 Bed | $915,000 | 4.1% |
% of Housing Stock
Rental Trends — Ossining, NY
As of July '25, Rentcast reports the average rent in Ossining, NY is $3,000, with a year-over-year rent change of -5.7%. Per bedroom, the median rent as of July '25 in Ossining, NY is studios: $1,920, 1-bedrooms: $2,280, 2-bedrooms: $2,840, 3-bedrooms: $4,160, 4-bedrooms: $5,070. The most common rental property sizes in Ossining, NY are 2-bedroom and 1-bedroom, accounting for 44.7% and 37.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,700 | $3,000 |
| Studio Rent | $1,850 | $1,920 |
| 1 Bed Rent | $2,100 | $2,280 |
| 2 Bed Rent | $2,700 | $2,840 |
| 3 Bed Rent | $3,800 | $4,160 |
| 4 Bed Rent | $5,000 | $5,070 |
% of Rental Stock
Property Listings — Ossining, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Ossining, NY is 53. This is a increase of 50.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 6.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $574,000 | 4.0% |
Listing Count | 94 | 104.0% |
| Listings as % of Homes | 0.2% | 104.0% |
Days on Market | 53 | 50.0% |
Demographics — Ossining, NY
As of the latest ACS Survey released in 2023, Ossining, NY has a population of 33,700, which has increased by 6.1% over the past 5 years. Ossining, NY is a moderately popular place for families, as children make up 19.4% of the population. The area has a highly educated workforce, with 45.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 33,700 | 6.1% |
% Under 18 | 19.4% | -6.7% |
% Seniors | 18.4% | 15.7% |
% WFH | 13.9% | 148.2% |
% w/ College Degree | 45.5% | 19.7% |
As of the latest ACS Survey released in 2023, Ossining, NY is a predominantly white area, with 46.8% of the population identifying as white. The white population has grown by 12.2% in the last 5 years. The second most common race or ethnicity in Ossining, NY is hispanic, making up 37.3% of the population. Foreign-born residents account for 27.8% of the population in Ossining, NY, and this percentage has decreased by 15.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 46.8% | 12.2% |
% Black | 8.5% | -44.1% |
% Hispanic | 37.3% | -2.6% |
% Asian | 4.1% | -6.8% |
% Foreign Born | 27.8% | -15.8% |
Mortgage and Risk — Ossining, NY
According to HUD data as of 2023, there were 273 mortgage originations in Ossining, NY, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Ossining, NY. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 273 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Ossining, NY
As of 2024, the percent of homes in Ossining, NY under the Section 8 program is 12.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Ossining, NY, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 585 |
Total Units Section 8 | 585 |
% Rentals under Section 8 | 12.4% |
% Occupied Section 8 | 89.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $650 | $2,100 | $2,750 |
| 2 Bedroom | $350 | $2,700 | $3,050 |
| 3 Bedroom | $0 | $3,800 | $3,800 |
| 4 Bedroom | -$900 | $5,000 | $4,100 |
Affordability — Ossining, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.8 |
| Median Home Price | $638,000 |
| Median Household Income | $113,000 |