Is Locke, NY 13092 a buyer’s or seller’s market?

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

Locke is a seller’s market. With about 3.7 months of supply and 33% 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 supply3.7Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list100.5%Sold price ÷ list price
Median days on market40Listing to accepted offer
Median price per sq ft$148▲ +49.5% vs. last year

The Locke housing market right now

In the three months ending August 31, 2026, 33% of homes in Locke, NY 13092 sold above their list price, the typical home went under contract in 40 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 6 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (114 days then) and the median sale price rose 34% to $287,875. Overall, Locke is more competitive than a year ago, so tougher for buyers.

Within Cayuga County, homes here sell faster than in 77% of the county’s ZIP codes, and sell less often over asking than in 62%.

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.

Nearby markets

Auburn 13021Balanced $144 /sq ftAurora 13026Seller’s market $195 /sq ftCato 13033Seller’s market $140 /sq ftCayuga 13034Balanced $380 /sq ft Browse all markets →

Where Locke is

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Questions about Locke real estate

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

A seller’s market: there were 3.7 months of supply in Locke, NY 13092 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 Locke?

The typical home went under contract in 40 days in the latest three months.

Do homes in Locke sell over asking?

33% of homes sold above their original list price, and the typical sale closed at 100.5% of the list price.

What are property taxes in Locke?

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 Locke?

The median sale price was $287,875 in the three months ending August 31, 2026, about $148 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