Is Memphis, NY 13112 a buyer’s or seller’s market?

The Memphis housing market right now

In the three months ending August 31, 2026, 44% of homes in Memphis, NY 13112 sold above their list price, the typical home went under contract in 11 days and there were 0.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 9 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 33%, homes sold faster (35 days then) and the median sale price rose 14% to $289,875. Overall, Memphis is more competitive than a year ago, so tougher for buyers.

Within Onondaga County, homes here sell faster than in 76% of the county’s ZIP codes, and sell less often over asking than in 95%.

Nearby, buyers who want less competition could look at Skaneateles 13152 (32% sold over asking) or Nedrow 13120 (33% sold over asking), while Fabius 13063 (100% sold over asking) and Clay 13041 (87% sold over asking) are even more competitive.