Is South New Berlin, NY 13843 a buyer’s or seller’s market?
South New Berlin is a seller’s market. With about 3.8 months of supply and 20% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The South New Berlin housing market right now
In the three months ending August 31, 2026, 20% of homes in South New Berlin, NY 13843 sold above their list price, the typical home went under contract in 51 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 sales, these figures can swing a lot from month to month.
Within Otsego County, homes here sell faster than in 55% of the county’s ZIP codes, and sell less often over asking than in 55%.
Nearby, buyers who want less competition could look at Otego 13825 (0% sold over asking) or Milford 13807 (0% sold over asking), while East Worcester 12064 (100% sold over asking) and Morris 13808 (60% sold over asking) are even more competitive.
Run the numbers for 13843
Nearby markets
Burlington Flats 13315Buyer’s market $198 /sq ftCherry Valley 13320Buyer’s market $126 /sq ftCooperstown 13326Buyer’s market $240 /sq ftEast Springfield 13333 — /sq ft Browse all markets →Towns like South New Berlin nearby
Find towns like South New Berlin in other states →Where South New Berlin is
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Questions about South New Berlin real estate
Is South New Berlin a buyer’s or seller’s market?
A seller’s market: there were 3.8 months of supply in South New Berlin, NY 13843 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 South New Berlin?
The typical home went under contract in 51 days in the latest three months.
Do homes in South New Berlin sell over asking?
20% of homes sold above their original list price, and the typical sale closed at 85.3% of the list price.
What are property taxes in South New Berlin?
About 1.70% of a home’s value a year in Otsego County, or roughly $6,800 on a $400,000 home.
What is the median home price in South New Berlin?
The median sale price was $99,957 in the three months ending August 31, 2026, about $65 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