Oneonta, NY Housing Market
AI-powered market intelligence for the Oneonta, NY metro area.
PropertyIQ Scores
Oneonta, NY Market Analysis
Market Overview
The Oneonta, NY market is strong, reflected in a PropertyIQ Score of 95 out of 100. The score is driven primarily by home value momentum: 9.81% over 12 months and 2.39% over 3 months. Other top score drivers include a median days on market of 51 days and a share of listings with a price cut of 13.4%. These indicators point to a market where homes are selling at a steady pace and sellers are not relying heavily on price reductions.
Compared with state benchmarks, Oneonta offers a notably lower-priced housing stock. The median home value is $221,473, while the state average is $527,312, a gap of $305,839. The rent index is $1,562, nearly matching the state average of $1,576. The unemployment rate is 4.6%, equal to the state average, while median household income is $67,086, below the state average of $84,578. There are 243 homes for sale. Population growth data is not available, so the longer-term demand picture is incomplete.
Key Trends
The first trend is strong price momentum. The 12-month home value momentum of 9.81% and the 3-month momentum of 2.39% show continued appreciation. The provided home value year-over-year figure is listed as $9, which is not a meaningful dollar change, so the percentage metrics are the clearest growth signal.
Second, the market is moving efficiently. Median days on market is 51 days, and only 13.4% of listings have a price cut. With 243 homes for sale, this suggests that inventory is being absorbed without heavy discounting.
Third, affordability relative to the state stands out. Median home value in Oneonta is $221,473, far below the state average of $527,312. Median household income is $67,086, also below the state average of $84,578, but the gap in home values is larger than the gap in incomes, which may make local ownership more attainable.
Fourth, rents are holding close to state levels. The rent index is $1,562, just $14 below the state average of $1,576. Combined with lower home values, this may be relevant for investors considering rental income relative to purchase price.
Who Is This Market For
This market is suited for first-time buyers and budget-conscious households. The median home value of $221,473 is far below the state average of $527,312, and the local median household income of $67,086 suggests that this price point may be within reach for many local workers. Current renters paying rents near the $1,562 rent index may also see homeownership as a practical option, though mortgage rates and taxes are not included in this dataset.
Investors may also find Oneonta appealing. The rent index of $1,562 is nearly equal to the state average of $1,576, while home values are much lower. Strong 12-month home value momentum of 9.81%, a median days on market of 51 days, and a 13.4% share of listings with price cuts point to steady demand and limited discounting, which can support both rental demand and resale conditions.
Move-up buyers may face a competitive but potentially rewarding market. Existing owners may benefit from the 9.81% 12-month home value momentum, but with only 243 homes for sale and a median days on market of 51 days, move-up options could be limited. The absence of population growth data makes it harder to assess how much buyer demand may expand.
Outlook
The near-term outlook is positive based on the available trend data. Home value momentum of 9.81% over 12 months and 2.39% over 3 months, combined with a median days on market of 51 days and a 13.4% share of listings with price cuts, suggests continued demand relative to supply. The unemployment rate of 4.6% matches the state average, which supports local economic stability. Median home value remains far below the state average at $221,473 versus $527,312, while the rent index is nearly equal to the state average at $1,562 versus $1,576, which may continue to attract value-seeking buyers and investors. However, population growth data is not available, so longer-term demand is uncertain. Median household income of $67,086 is below the state average of $84,578, which could limit how far price growth can stretch without income gains. Overall, the data supports a cautiously positive outlook, grounded in momentum and market speed rather than long-term demographic confirmation.
AI-generated analysis based on current market data. Last updated August 17, 2026.
Get Oneonta, NY market updates
Choose your role for tailored insights.
Oneonta, NY market data
Oneonta, NY Housing Market Overview
Oneonta, NY's median home value is $221K, up 9.8% over the past year. Homes here sell in a median 51 days. Its PropertyIQ Score of 95 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 95 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 9.8% 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
View all 39 →Top markets in NY
Market data through July 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 95, 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 9.8% 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 95, 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 95 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 9.8%, reaching $221K. Over the latest three months, values moved up 2.4%, 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 51 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 13% 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 July 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.