Is Forestport, NY 13338 a buyer’s or seller’s market?

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

Forestport is a buyer’s market. With about 12.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply12.2Under 4 months = seller’s market
Sold above original list20%Share of sales, last 3 months
Median sale-to-list98.8%Sold price ÷ list price
Median days on market60Listing to accepted offer
Median price per sq ft$167▼ −19.0% vs. last year

The Forestport housing market right now

In the three months ending August 31, 2026, 20% of homes in Forestport, NY 13338 sold above their list price, the typical home went under contract in 60 days and there were 12.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. 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 25%, homes sold more slowly (43 days then) and the median sale price fell 14% to $271,882. Overall, Forestport is less competitive than a year ago, which gives buyers more room.

Within Herkimer County, homes here sell more slowly than in 69% of the county’s ZIP codes, and sell less often over asking than in 62%.

Nearby, buyers who want less competition could look at Thendara 13472 (0% sold over asking) or Salisbury Center 13454 (0% sold over asking), while Jordanville 13361 (67% sold over asking) and Frankfort 13340 (44% sold over asking) are even more competitive.

Nearby markets

Clayville 13322Seller’s market $141 /sq ftCold Brook 13324Balanced $159 /sq ftEagle Bay 13331 — /sq ftFrankfort 13340Buyer’s market $172 /sq ft Browse all markets →

Where Forestport is

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Questions about Forestport real estate

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

A buyer’s market: there were 12.2 months of supply in Forestport, NY 13338 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 Forestport?

The typical home went under contract in 60 days in the latest three months.

Do homes in Forestport sell over asking?

20% of homes sold above their original list price, and the typical sale closed at 98.8% of the list price.

What are property taxes in Forestport?

About 2.10% of a home’s value a year in Herkimer County, or roughly $8,400 on a $400,000 home.

What is the median home price in Forestport?

The median sale price was $271,882 in the three months ending August 31, 2026, about $167 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