Is Newfield, NY 14867 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Newfield is a seller’s market. With about 2.6 months of supply and 35% 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.

Competition score65/ 100

More competitive than 68% of U.S. ZIP codes, and #381 of 649 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.6Under 4 months = seller’s market
Sold above original list35.3%Share of sales, last 3 months
Median sale-to-list102.1%Sold price ÷ list price
Median days on market65Listing to accepted offer
Median price per sq ft$170▼ −4.4% vs. last year

The Newfield housing market right now

In the three months ending August 31, 2026, 35% of homes in Newfield, NY 14867 sold above their list price, the typical home went under contract in 65 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 17 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (33% then), homes sold more slowly (61 days then) and the median sale price held steady to $279,879. Overall, Newfield is about as competitive as it was a year ago.

Within Tompkins County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Newfield ranks #381 of 649 NY ZIP codes with enough sales (score 65 out of 100).

Nearby, buyers who want less competition could look at Trumansburg 14886 (17% sold over asking) or Groton 13073 (25% sold over asking), while Slaterville Springs 14881 (67% sold over asking) and Dryden 13053 (55% sold over asking) are even more competitive.

Nearby markets

Brooktondale 14817Buyer’s market $141 /sq ftDryden 13053Seller’s market $202 /sq ftFreeville 13068Seller’s market $189 /sq ftGroton 13073Seller’s market $137 /sq ft Browse all markets →

Where Newfield is

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Questions about Newfield real estate

Is Newfield a buyer’s or seller’s market?

A seller’s market: there were 2.6 months of supply in Newfield, NY 14867 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 Newfield?

The typical home went under contract in 65 days in the latest three months.

Do homes in Newfield sell over asking?

35% of homes sold above their original list price, and the typical sale closed at 102.1% of the list price.

What are property taxes in Newfield?

About 2.24% of a home’s value a year in Tompkins County, or roughly $8,960 on a $400,000 home.

What is the median home price in Newfield?

The median sale price was $279,879 in the three months ending August 31, 2026, about $170 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