Oneonta, NY Housing Market
AI-powered market intelligence for the Oneonta, NY metro area.
PropertyIQ Scores
Oneonta, NY Market Analysis
Market Overview
Oneonta, NY presents as a strong market, with a PropertyIQ Score of 93 out of 100. The score is driven primarily by home value momentum of 9.60% over the past 12 months and 1.73% over the past 3 months, a median days on market of 64 days, and a relatively low share of listings with a price cut at 11.4%. Compared with New York state averages, Oneonta stands out for affordability: the median home value is $221,161, far below the state average of $526,714, while the rent index is $1,648, slightly above the state average of $1,621. Unemployment is 4.4%, matching the state average.
The rental market appears comparatively strong. The rent index exceeds the state average even though the median home value is about $305,553 lower than the state average. Median household income is $68,885, below the state average of $85,974, but the home price gap is much larger than the income gap, supporting relative affordability. The dataset lists home value year over year as $0, which conflicts with the positive momentum metrics; both are reported as provided. Overall, Oneonta positions as a strong, affordability-oriented market within New York.
Key Trends
One trend is positive home value momentum. The 12-month home value momentum of 9.60% is the leading score driver, indicating meaningful appreciation over the past year. The 3-month momentum of 1.73% is also positive but smaller, suggesting a more moderate recent pace. However, the reported home value year-over-year figure of $0 conflicts with those momentum metrics, so the exact annual change in median home value is unclear from the provided data.
A second trend is a healthy market pace. The median days on market is 64 days, and the share of listings with a price cut is 11.4%. Both are top score drivers, indicating homes are not lingering excessively and sellers are not making frequent price reductions, pointing to steady demand.
A third trend is rental strength relative to home prices. The rent index of $1,648 is above the state average of $1,621, while the median home value is less than half the state average. This combination makes renting relatively expensive compared with buying, supporting both first-time buyers and rental property investors.
A fourth trend is affordability with a local income caveat. The median home value of $221,161 is far below the state average of $526,714, and even though median household income of $68,885 trails the state average of $85,974, the price discount is proportionally larger. There are 244 homes for sale, but population growth is listed as N/A, so inventory cannot be assessed against population changes.
Who Is This Market For
This market is well suited to first-time homebuyers. The median home value of $221,161 is significantly below the New York state average of $526,714, and the local median household income of $68,885 supports a lower price point. With the rent index at $1,648 slightly above the state average, buying may look more attractive
AI-generated analysis based on current market data. Last updated October 1, 2026.
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Oneonta, NY market data
Oneonta, NY Housing Market Overview
Oneonta, NY's median home value is $221K, up 9.6% over the past year. Homes here sell in a median 64 days. Its PropertyIQ Score of 93 sits well above the state average of 50, marking a market positioned to outperform its state over the next three years.
The Oneonta, NY metro area is one of 900+ US metropolitan markets that PropertyIQ scores each month. A single PropertyIQ Score blends Zillow price momentum with Realtor.com market-flow signals to estimate 3-year excess appreciation versus the market's state — showing not just where prices stand today, but how the market is positioned relative to its peers.
The Mid-Atlantic corridor benefits from proximity to major financial centers and government institutions. Housing markets in this region balance urban density with suburban expansion, creating varied opportunities from walkable city neighborhoods to rapidly growing exurbs. Within the Mid-Atlantic, Oneonta, NY's PropertyIQ Score of 93 ranks among the Mid-Atlantic's stronger demand signals.
New York's housing landscape spans from the nation's most expensive urban neighborhoods to affordable upstate markets with university-driven stability. The post-pandemic remote work shift has redistributed demand across the state.
Each month, PropertyIQ updates its score for Oneonta, NY using four inputs: Zillow ZHVI twelve-month and three-month momentum, Realtor.com median days on market, and the Realtor.com share of listings with price cuts. These four signals are combined into a single 1 to 99 score computed across all metro markets and calibrated so 50 represents the state average, making it a direct read of how this market is positioned to perform relative to its state. Momentum here has been positive, with home values up 9.6% over the past year.
Explore the interactive map to see how Oneonta, NY compares to neighboring metros, or view the full market dashboard for detailed analytics including time-series trends, score breakdowns, and AI-generated market reports.
Counties in the Oneonta, NY metro area
ZIP codes in the Oneonta, NY metro area
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Market data through August 2026. Sourced from Zillow, Realtor.com, Redfin, U.S. Census Bureau, FRED, BLS, and BEA. Per-statistic source and date shown above.
Frequently Asked Questions
Is Oneonta, NY a good place to buy real estate in 2026?
PropertyIQ doesn't label markets simply good or bad. Instead, the PropertyIQ Score measures a market's demand momentum against its own state, where 50 marks the state average. Oneonta, NY currently scores 93, a very strong-momentum reading that leaves it positioned to outperform its state over the next three years. For buyers, strengthening demand usually means rising competition and firmer prices, so waiting can cost you negotiating room. Backing that up, the median home value here is $221K, up 9.6% over the past year. So whether Oneonta, NY is right for you comes down to your goals: a rising-momentum market can favor long-term appreciation but offers less room to negotiate, while a cooling one hands buyers more leverage. Treat the score as a timing signal to weigh alongside your budget, holding period, and plans for the property, not a verdict on the market's quality.
What is the PropertyIQ Score for Oneonta, NY?
Oneonta, NY's PropertyIQ Score is 93, indicating very strong momentum on a 1-to-99 scale. The score distills four transparent inputs into a single number: Zillow home-value momentum over the past 12 months, Zillow home-value momentum over the past 3 months, the median days homes spend on the market from Realtor.com, and the share of listings with a price cut, also from Realtor.com. Rising values and faster sales push the score up, while slow sales and frequent price cuts pull it down. The scale is calibrated so 50 equals the state average, meaning a score above 50 predicts the market will outperform its state over the next three years and a score below 50 predicts underperformance. PropertyIQ computes the score across every US market nationally, then recenters it against each state, so 93 places Oneonta, NY above its state benchmark.
Are home prices in Oneonta, NY rising or falling?
Home prices in Oneonta, NY are rising. Over the past year, the median home value increased 9.6%, reaching $221K. Over the latest three months, values moved up 1.7%, a sign near-term demand remains firm. PropertyIQ derives these figures from Zillow's home-value index, which tracks the typical value across the market rather than only the homes that happened to sell, giving a steadier read than a raw median sale price. Both the 12-month and 3-month momentum readings feed directly into the PropertyIQ Score, so this price trend is one of the core signals behind Oneonta, NY's current score. Keep in mind that appreciation can vary widely by neighborhood and price tier across the metro area, so treat these figures as the market-wide baseline rather than a guarantee for any single property.
How quickly do homes sell in Oneonta, NY?
In Oneonta, NY, homes sell in a median of 64 days from listing to pending sale, based on Realtor.com market data. Median days on market is one of the clearest real-time reads on local demand: when homes move quickly, buyers are competing and sellers hold the advantage, while lengthening timelines signal cooling interest and more room to negotiate. Alongside sale speed, about 11% of active listings here have taken at least one price cut — a complementary demand gauge, since a rising share of reductions often precedes slower sales and softer prices. Both median days on market and the price-cut share feed directly into the PropertyIQ Score, where faster sales and fewer cuts push the score higher. As a general guide, medians under about 30 days indicate a brisk, competitive market, while medians well beyond 60 days point to buyers regaining leverage. Actual time on market still varies by price band, property type, and season, so treat the median as a market-wide baseline.
How current is this metro area data?
This Oneonta, NY market data is refreshed on a monthly cycle, with the latest figures current through August 2026. PropertyIQ ingests fresh data every month from a range of authoritative sources: home values and rents from Zillow, days on market and price-cut activity from Realtor.com, additional housing signals from Redfin, demographic and housing-stock data from the U.S. Census Bureau, mortgage and macroeconomic series from FRED, and employment figures from the Bureau of Labor Statistics and the Bureau of Economic Analysis. The PropertyIQ Score itself is recomputed every month once the new source data lands, so the score and its four underlying inputs always reflect the most recent complete reporting period rather than a static snapshot. Because official housing data is typically released with a short lag, the current-through date usually trails the present by a few weeks, which is normal across the industry and not a sign the data is out of date.