Is Oneida, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Oneida was a Neutral Market.
Housing Prices in Oneida, NY
How much do homes in Oneida, NY cost?
Median Sold Price
$162,000
$106/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Oneida was $162,000 in May 2024, down 4.6% from last year, and the median price per square foot was $106.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $19K | N/A |
2 Bedrooms | $120K | $140K | +16.7% |
3 Bedrooms | $162.4K | $174.5K | +7.4% |
4 Bedrooms | $246.1K | $150K | -39.0% |
5+ Bedrooms | $252K | $169K | -32.9% |
Summary: Oneida housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 7.4%, 4 bedroom homes decreased by 39%, and 5+ bedroom homes decreased by 32.9%.
Median Sold Price Compared To Nearby Cities
Oneida | $169.9K | $162K | -4.6% |
Sherrill | $229.9K | $204K | -11.3% |
Verona | $239.9K | $205.7K | -14.2% |
Housing Supply in Oneida, NY
How many homes are available in Oneida, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
51 | 45 | -11.8% |
Summary: The Oneida real estate market had 45 homes for sale in May 2024, a 11.8% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 8 | 6 | -25.0% |
3 Bedrooms | 15 | 13 | -13.3% |
4 Bedrooms | 22 | 21 | -4.5% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Oneida housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 13 | +8.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Oneida in May 2024, up by 8.3% month-over-month. Of the 13 sold homes, 54% were sold under asking, 23% were sold at asking, and 23% were sold over asking.
Days on Market for Oneida, NY
How long does it take to sell a home in Oneida, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
56 Days | 27 Days | -51.1% |
Summary: Homes in Oneida had an average of 27 days on market in May 2024, down by 51.1% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 13 homes were sold in Oneida; 69% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.