Is Cato, NY 13033 a buyer’s or seller’s market?
Cato is a seller’s market. With about 3.2 months of supply and 60% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Cato housing market right now
In the three months ending August 31, 2026, 60% of homes in Cato, NY 13033 sold above their list price, the typical home went under contract in 52 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (60% then), homes sold more slowly (9 days then) and the median sale price rose 26% to $309,866. Overall, Cato is less competitive than a year ago, which gives buyers more room.
Within Cayuga County, homes here sell more slowly than in 69% of the county’s ZIP codes, and sell more often over asking than in 85%.
Nearby, buyers who want less competition could look at Scipio Center 13147 (0% sold over asking) or Martville 13111 (0% sold over asking), while Sterling 13156 (83% sold over asking) and Cayuga 13034 (67% sold over asking) are even more competitive.
Run the numbers for 13033
Nearby markets
Auburn 13021Balanced $144 /sq ftAurora 13026Seller’s market $195 /sq ftCayuga 13034Balanced $380 /sq ftGenoa 13071 $137 /sq ft Browse all markets →Towns like Cato nearby
Find towns like Cato in other states →Where Cato is
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Questions about Cato real estate
Is Cato a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Cato, NY 13033 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Cato?
The typical home went under contract in 52 days in the latest three months.
Do homes in Cato sell over asking?
60% of homes sold above their original list price, and the typical sale closed at 107.2% of the list price.
What are property taxes in Cato?
About 2.19% of a home’s value a year in Cayuga County, or roughly $8,760 on a $400,000 home.
What is the median home price in Cato?
The median sale price was $309,866 in the three months ending August 31, 2026, about $140 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology