Is Oneida County, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Oneida County was a Seller's Market.
Housing Prices in Oneida County, NY
How much do homes in Oneida County, NY cost?
Median Sold Price
$187,859
$131/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Oneida County was $187,859 in March 2024, up 2.9% from last year, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $93K | $126.2K | +35.8% |
2 Bedrooms | $147.5K | $165K | +11.9% |
3 Bedrooms | $179.5K | $190K | +5.8% |
4 Bedrooms | $225K | $214.9K | -4.5% |
5+ Bedrooms | $255K | $169.9K | -33.4% |
Summary: Oneida County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35.8%, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 5.8%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes decreased by 33.4%.
Median Sold Price Compared To Nearby Counties
Oswego County | $158.3K | $170K | +7.3% |
Oneida County | $182.5K | $187.8K | +2.9% |
Lewis County | $170K | $170.9K | 0.5% |
Madison County | $219K | $215.3K | -1.7% |
Herkimer County | $160K | $155K | -3.1% |
Housing Supply in Oneida County, NY
How many homes are available in Oneida County, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
533 | 534 | 0.2% |
Summary: The Oneida County real estate market had 534 homes for sale in March 2024, a 0.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 11 | +37.5% |
2 Bedrooms | 71 | 65 | -8.5% |
3 Bedrooms | 220 | 227 | +3.2% |
4 Bedrooms | 145 | 141 | -2.8% |
5+ Bedrooms | 89 | 90 | +1.1% |
Summary: The Oneida County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 37.5%, 2 bedroom homes decreased by 8.5%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 1.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
105 | 87 | -17.1% |
Asking Price vs. Sold Price
51 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 87 homes were sold or pending in Oneida County in March 2024, down by 17.1% month-over-month. Of the 87 sold homes, 59% were sold under asking, 16% were sold at asking, and 25% were sold over asking.
Days on Market for Oneida County, NY
How long does it take to sell a home in Oneida County, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
49 Days | 48 Days | -3.2% |
Summary: Homes in Oneida County had an average of 48 days on market in Mar 2024, down by 3.2% compared to last year.
Breakdown of Home Sale Times
46 Homes Were Sold
Under 30 Days
28 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During March 2024, 87 homes were sold in Oneida County; 53% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.