$5,878 Closing Credit*
$495,000
3,664 SqFt
8 Beds
•4 Full Baths
Jessie Grigsby, Listing Office: Benson Agency Real Estate LLC
Is Oneonta, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Oneonta has remained a Seller's Market.
Key Takeaway
Oneonta is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Oneonta, NY
How much do homes in Oneonta, NY cost?
Median Sold Price
$206,000
$125/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,000(+9.0%)
Key Takeaway
Homes in Oneonta have sold for 9% more than they did a year ago.
Summary: The median home sold price in Oneonta was $206,000 in October 2024, up 9% from last year, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $115K | -25.8% |
| 2 Bedrooms | $160K | $163.7K | +2.4% |
| 3 Bedrooms | $186.5K | $182.7K | -2.0% |
| 4 Bedrooms | $183.2K | $238K | +29.9% |
| 5+ Bedrooms | $270K | $256K | -5.2% |
Summary: Oneonta housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.8%, 2 bedroom homes increased by 2.4%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 29.9%, and 5+ bedroom homes decreased by 5.2%.
Housing Supply in Oneonta, NY
How many homes are available in Oneonta, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 72 | 68 | -5.6% |
Summary: The Oneonta real estate market had 68 homes for sale in October 2024, a 5.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 27 | 24 | -11.1% |
| 4 Bedrooms | 18 | 17 | -5.6% |
| 5+ Bedrooms | 20 | 20 | 0.0% |
Summary: The Oneonta housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 15 | +25.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oneonta, you may be able to get a good deal. 73.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Oneonta in October 2024, up by 25.0% month-over-month. Of the 15 sold homes, 73% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for Oneonta, NY
How long does it take to sell a home in Oneonta, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 37 Days | 20 Days | -45.9% |
Summary: Homes in Oneonta had an average of 20 days on market in Oct 2024, down by 45.9% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Oneonta are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 15 homes were sold in Oneonta; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.