Is Herkimer, NY 13350 a buyer’s or seller’s market?

The Herkimer housing market right now

In the three months ending August 31, 2026, 24% of homes in Herkimer, NY 13350 sold above their list price, the typical home went under contract in 62 days and there were 4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 22 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 34%, homes sold more slowly (12 days then) and the median sale price rose 13% to $169,926. Overall, Herkimer is less competitive than a year ago, which gives buyers more room.

Within Herkimer County, homes here sell more slowly than in 85% of the county’s ZIP codes, and sell more often over asking than in 54%. On our competition score, Herkimer ranks #498 of 649 NY ZIP codes with enough sales (score 44 out of 100).

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.