Is Ilion, NY 13357 a buyer’s or seller’s market?

The Ilion housing market right now

In the three months ending August 31, 2026, 36% of homes in Ilion, NY 13357 sold above their list price, the typical home went under contract in 48 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 23 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 44%, homes sold more slowly (25 days then) and the median sale price fell 3% to $137,940. Overall, Ilion is less competitive than a year ago, which gives buyers more room.

Within Herkimer County, homes here sell more slowly than in 54% of the county’s ZIP codes, and sell more often over asking than in 77%. On our competition score, Ilion ranks #439 of 649 NY ZIP codes with enough sales (score 52 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.