Is Oriskany Falls, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oriskany Falls is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Oriskany Falls, NY

How much do homes in Oriskany Falls, NY cost?

Median Sold Price

$225,500

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$84,500(+59.9%)

Key Takeaway

Homes in Oriskany Falls have sold for 59.9% more than they did a year ago.

Summary: The median home sold price in Oriskany Falls was $225,500 in November 2024, up 59.9% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$211K
N/A
2 $70K-
N/A
3 $147K$240K
+63.3%
4 $345K$197.4K
-42.8%
5+ $133.7K$246K
+84.0%

Summary: Oriskany Falls 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 did not change, 3 bedroom homes increased by 63.3%, 4 bedroom homes decreased by 42.8%, and 5+ bedroom homes increased by 84%.

Median Sold Price Compared To Nearby Cities

Oriskany Falls
+59.9%
Augusta
+40.9%
Marshall
-9.0%

Housing Supply in Oriskany Falls, NY

How many homes are available in Oriskany Falls, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
45+25.0%

Summary: The Oriskany Falls real estate market had 5 homes for sale in November 2024, a 25.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 34
+33.3%
4 10
-100.0%
5+ 00
0.0%

Summary: The Oriskany Falls 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 increased by 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oriskany Falls, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Oriskany Falls in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Oriskany Falls, NY

How long does it take to sell a home in Oriskany Falls, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
30 Days95 Days+216.7%

Summary: Homes in Oriskany Falls had an average of 95 days on market in Nov 2024, up by 216.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Oriskany Falls has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Oriskany Falls; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 17 Days Ago

Newest Listings in Oriskany Falls, NY

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