Is Old Forge, NY 13420 a buyer’s or seller’s market?
Old Forge is a buyer’s market. With about 14.1 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Old Forge housing market right now
In the three months ending August 31, 2026, 40% of homes in Old Forge, NY 13420 sold above their list price, the typical home went under contract in 33 days and there were 14.1 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 rose from 29%, homes sold faster (39 days then) and the median sale price rose 5% to $569,753. Overall, Old Forge is more competitive than a year ago, so tougher for buyers.
Within Herkimer County, homes here sell faster than in 62% of the county’s ZIP codes, and sell more often over asking than in 85%.
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.
Run the numbers for 13420
Nearby markets
Clayville 13322Seller’s market $141 /sq ftCold Brook 13324Balanced $159 /sq ftEagle Bay 13331 — /sq ftForestport 13338Buyer’s market $167 /sq ft Browse all markets →Towns like Old Forge nearby
Find towns like Old Forge in other states →Where Old Forge is
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Questions about Old Forge real estate
Is Old Forge a buyer’s or seller’s market?
A buyer’s market: there were 14.1 months of supply in Old Forge, NY 13420 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 Old Forge?
The typical home went under contract in 33 days in the latest three months.
Do homes in Old Forge sell over asking?
40% of homes sold above their original list price, and the typical sale closed at 95.3% of the list price.
What are property taxes in Old Forge?
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 Old Forge?
The median sale price was $569,753 in the three months ending August 31, 2026, about $470 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