Oyster Bay, NY Real Estate
According to census data in the year 2000 there were 2,898 housing units in Oyster Bay.
This represents a 2.9% growth from 2,816 in 1990.
Of those housing units, 2,898 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Oyster Bay is about 56.3%.
Oyster Bay's vacancy rate, including seasonal lodging, is about 2.9%.
Average household size is 2.39 people.
The majority of houses, apartments or condos in Oyster Bay were built after 1954.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.70% |
| One Bedroom | 25.70% |
| Two Bedrooms | 21.80% |
| Three Bedrooms | 29.80% |
| Four Bedrooms | 14.60% |
| Five Bedrooms or more | 4.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.7 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $320,000 |
| Median Price asked for vacant units | $137,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2 |
| Median year structure was built | 1953 |
| Median Monthly Rent asked for vacant units | $1,125 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.10% |
| Home Equity Loan | 5.30% |
| Simple Mortgage | 47.60% |
| Debt Free | 42% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.9% |
