Oneida County home prices increased to $249,900

In February, the median asking price for homes in Oneida County rose to $249,900. This is a 5.3% increase from January's median of $237,400. Compared to February 2024, this price has gone up by 4.9% from $238,225. The homes listed in Oneida County averaged 1,605 square feet, costing about $155 per square foot. This price per square foot has increased by 3.2% since February 2024. Homes on the market in Oneida County took a median of 92 days to sell, longer than the national average of 66 days. New listings dropped significantly, with only 66 homes added in February. This is a 41.1% decrease from the 112 new listings in February 2024. The report from Realtor.com focuses on single-family homes, condos, and townhomes. It does not include most new construction or pending sales. In New York overall, the median home price was $659,974, slightly up from January. Nationally, the median home price stood at $412,000, also a slight increase. The statistics suggest that while home prices are rising, the number of available homes is declining.