Is Newark Valley, NY 13811 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Newark Valley is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.3Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list102.2%Sold price ÷ list price
Median days on market61Listing to accepted offer
Median price per sq ft$143▲ +88.9% vs. last year

The Newark Valley housing market right now

In the three months ending August 31, 2026, 50% of homes in Newark Valley, NY 13811 sold above their list price, the typical home went under contract in 61 days and there were 5.3 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. With only 6 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 14%, homes sold more slowly (26 days then) and the median sale price rose 90% to $266,885. Overall, Newark Valley is more competitive than a year ago, so tougher for buyers.

Within Tioga County, homes here sell faster than in 55% of the county’s ZIP codes, and sell more often over asking than in 64%.

Nearby, buyers who want less competition could look at Lockwood 14859 (0% sold over asking) or Nichols 13812 (0% sold over asking), while Willseyville 13864 (100% sold over asking) and Richford 13835 (60% sold over asking) are even more competitive.

Nearby markets

Apalachin 13732Seller’s market $145 /sq ftBarton 13734Buyer’s market $121 /sq ftBerkshire 13736Buyer’s market $124 /sq ftCandor 13743Buyer’s market $66 /sq ft Browse all markets →

Where Newark Valley is

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Questions about Newark Valley real estate

Is Newark Valley a buyer’s or seller’s market?

A balanced market: there were 5.3 months of supply in Newark Valley, NY 13811 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 Newark Valley?

The typical home went under contract in 61 days in the latest three months.

Do homes in Newark Valley sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 102.2% of the list price.

What are property taxes in Newark Valley?

About 2.33% of a home’s value a year in Tioga County, or roughly $9,320 on a $400,000 home.

What is the median home price in Newark Valley?

The median sale price was $266,885 in the three months ending August 31, 2026, about $143 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