Is Erieville, NY 13061 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Erieville is a seller’s market. With about 3.8 months of supply and 20% 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.

Months of supply3.8Under 4 months = seller’s market
Sold above original list20%Share of sales, last 3 months
Median sale-to-list98.5%Sold price ÷ list price
Median days on market20Listing to accepted offer
Median price per sq ft$254▲ +26.3% vs. last year

The Erieville housing market right now

In the three months ending August 31, 2026, 20% of homes in Erieville, NY 13061 sold above their list price, the typical home went under contract in 20 days and there were 3.8 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 fell from 60%, homes sold faster (55 days then) and the median sale price rose 14% to $369,840. Overall, Erieville is less competitive than a year ago, which gives buyers more room.

Within Madison County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in 87%.

Nearby, buyers who want less competition could look at West Edmeston 13485 (0% sold over asking) or Hamilton 13346 (17% sold over asking), while Wampsville 13163 (100% sold over asking) and Eaton 13334 (100% sold over asking) are even more competitive.

Nearby markets

Bouckville 13310Buyer’s market $133 /sq ftBridgeport 13030Seller’s market $250 /sq ftCanastota 13032Seller’s market $153 /sq ftCazenovia 13035Seller’s market $208 /sq ft Browse all markets →

Where Erieville is

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Questions about Erieville real estate

Is Erieville a buyer’s or seller’s market?

A seller’s market: there were 3.8 months of supply in Erieville, NY 13061 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 Erieville?

The typical home went under contract in 20 days in the latest three months.

Do homes in Erieville sell over asking?

20% of homes sold above their original list price, and the typical sale closed at 98.5% of the list price.

What are property taxes in Erieville?

About 2.26% of a home’s value a year in Madison County, or roughly $9,040 on a $400,000 home.

What is the median home price in Erieville?

The median sale price was $369,840 in the three months ending August 31, 2026, about $254 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