Is Oneida, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oneida is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Oneida has remained a Seller's Market.

Key Takeaway

Oneida is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Oneida, NY

How much do homes in Oneida, NY cost?

Median Sold Price

$186,500

$114/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$35,500(+23.5%)

Key Takeaway

Homes in Oneida have sold for 23.5% more than they did a year ago.

Summary: The median home sold price in Oneida was $186,500 in December 2024, up 23.5% from last year, and the median price per square foot was $114.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$39.2K
N/A
2 $130K$111.8K
-14.0%
3 $159K$180K
+13.2%
4 $167.6K$213.5K
+27.3%
5+ $167K$225K
+34.7%

Summary: Oneida housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 34.7%.

Median Sold Price Compared To Nearby Cities

Oneida
+23.5%
Verona
-3.7%

Housing Supply in Oneida, NY

How many homes are available in Oneida, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4231-26.2%

Summary: The Oneida real estate market had 31 homes for sale in December 2024, a 26.2% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 1714
-17.6%
4 158
-46.7%
5+ 67
+16.7%

Summary: The Oneida housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes decreased by 46.7%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
10100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oneida, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Oneida in December 2024, the same as the previous month. Of the 10 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% 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

Dec 2023Dec 2024CHANGE
26 Days40 Days+50.9%

Summary: Homes in Oneida had an average of 40 days on market in Dec 2024, up by 50.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Oneida has remained consistent over time.

Summary: During December 2024, 10 homes were sold in Oneida; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Oneida, NY

Nearby Markets to Oneida, NY

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