$2,351 Closing Credit*
$198,000
1,240 SqFt
3 Beds
•1 Full Bath
Bill Vagliardo, Listing Office: Oneonta Realty LLC
Is Oneonta, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Oneonta was a Seller's Market.
Key Takeaway
Oneonta is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Oneonta, NY
How much do homes in Oneonta, NY cost?
Median Sold Price
$211,000
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,500(+13.7%)
Key Takeaway
Homes in Oneonta have sold for 13.7% more than they did a year ago.
Summary: The median home sold price in Oneonta was $211,000 in November 2024, up 13.7% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | $85K | -43.3% |
| 2 Bedrooms | $167.5K | $163.7K | -2.2% |
| 3 Bedrooms | $180K | $187.4K | +4.1% |
| 4 Bedrooms | $185K | $238K | +28.7% |
| 5+ Bedrooms | $270K | $257K | -4.8% |
Summary: Oneonta housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 43.3%, 2 bedroom homes decreased by 2.2%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 28.7%, and 5+ bedroom homes decreased by 4.8%.
Housing Supply in Oneonta, NY
How many homes are available in Oneonta, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 70 | 58 | -17.1% |
Summary: The Oneonta real estate market had 58 homes for sale in November 2024, a 17.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 5 | -28.6% |
| 3 Bedrooms | 28 | 24 | -14.3% |
| 4 Bedrooms | 17 | 12 | -29.4% |
| 5+ Bedrooms | 18 | 17 | -5.6% |
Summary: The Oneonta 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 28.6%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 29.4%, and 5+ bedroom homes decreased by 5.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 8 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oneonta, expect to pay close to the asking price. 37.5% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in Oneonta in November 2024, down by 50.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 38% were sold at asking, and 38% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 55 Days | +90.3% |
Summary: Homes in Oneonta had an average of 55 days on market in Nov 2024, up by 90.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Oneonta are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Oneonta; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% 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.