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 November 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

$179,900

$111/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$28,900(+19.1%)

Key Takeaway

Homes in Oneida have sold for 19.1% more than they did a year ago.

Summary: The median home sold price in Oneida was $179,900 in November 2024, up 19.1% from last year, and the median price per square foot was $111.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$39.2K
N/A
2 $130K$111.8K
-14.0%
3 $169.5K$179.9K
+6.1%
4 $167.6K$212K
+26.4%
5+ $165K$225K
+36.4%

Summary: Oneida housing prices by bedroom type for November 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 6.1%, 4 bedroom homes increased by 26.4%, and 5+ bedroom homes increased by 36.4%.

Median Sold Price Compared To Nearby Cities

Oneida Castle
+37.6%
Oneida
+19.1%
Verona
0.5%

Housing Supply in Oneida, NY

How many homes are available in Oneida, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5436-33.3%

Summary: The Oneida real estate market had 36 homes for sale in November 2024, a 33.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 63
-50.0%
3 2314
-39.1%
4 1713
-23.5%
5+ 86
-25.0%

Summary: The Oneida housing inventory by bedroom type for November 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 39.1%, 4 bedroom homes decreased by 23.5%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
178-52.9%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 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. 37.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Oneida in November 2024, down by 52.9% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% 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

Nov 2023Nov 2024CHANGE
28 Days36 Days+26.3%

Summary: Homes in Oneida had an average of 36 days on market in Nov 2024, up by 26.3% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Oneida are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 8 homes were sold in Oneida; 88% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 13% 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 2 Days Ago

Newest Listings in Oneida, NY

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