The Herkimer housing market is somewhat competitive. The median sale price of a home in Herkimer was $112K last month, down 23.8% since last year. The median sale price per square foot in Herkimer is $63, down 30.4% since last year.
What is the housing market like in Herkimer today?
In October 2024, Herkimer home prices were down 23.8% compared to last year, selling for a median price of $112K. On average, homes in Herkimer sell after 104 days on the market compared to 49 days last year. There were 7 homes sold in October this year, up from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$111,500
-23.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Herkimer, NY
$111,500
-23.8%
United States
To compare other locations to the Herkimer and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Herkimer's median sale price is 74% lower than the national average. Overall cost of living in Herkimer is 6% lower than the national average. Learn which home features in Herkimer add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Herkimer housing market?
Herkimer is somewhat competitive. Homes sell in 77 days.
0
100
41
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 77 days.
Hot homes
can sell for about 3% above list price and go pending in around 14 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Herkimer housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Herkimer.
Flood Factor - Minor
46% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Herkimer has a minor risk of flooding. 854 properties in Herkimer are likely to be
severely affected
by flooding over the next 30 years. This represents 46% of all properties in Herkimer. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Herkimer has a moderate risk of wildfire. There are 18 properties in Herkimer that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Herkimer.
78% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Herkimer has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Herkimer is most at risk from hurricanes. 2,163 properties in Herkimer have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 47 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 54 mph.