Market Overview
Home Prices in Oyster Bay, NY
The median home value in Oyster Bay, NY is $1,054,622 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7% compared to a year ago and up 7.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Oyster Bay are priced157% above average. Oyster Bay is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Price History
Oyster Bay Home Price Trend
2024
$919,754
$920K
—
2025
$985,180
$985K
+7.1%
2026
$1,054,622
$1.05M
+7.0%
City Comparison
Oyster Bay vs. National Median
🏠 Oyster Bay
$1,054,622
National Median
$410,000
At $1,054,622, homes in Oyster Bay cost 157% above the national median of $410,000. Buyers in Oyster Bay should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Oyster Bay?
20% Down Payment
$210,924
on $1,054,622
Monthly P&I
$5,500/mo
30-yr @ 6.8%
Total Monthly Est.
~$6,985/mo
incl. taxes & insurance
Income Needed
$279,400
gross annual (30% rule)
10% Down Option
$105,462
+ PMI applies
Loan Amount (20% dn)
$843,698
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Oyster Bay, NY?
The median home value in Oyster Bay is $1,054,622 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7% year-over-year.
How much have home prices changed in Oyster Bay?
Over the past year, home values in Oyster Bay have increased by 7%.
How much do I need to earn to buy a home in Oyster Bay?
To comfortably afford the median home price of $1,054,622 with a 20% down payment ($210,924) at today's rates (6.8%), you'd need a gross annual income of approximately $279,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Oyster Bay compare to the national average home price?
The national median home value is approximately $410,000. At $1,054,622, homes in Oyster Bay are 157% above the national average.
What metro area is Oyster Bay part of?
Oyster Bay is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area. Home prices and market conditions can vary across the broader metro region.