Homes in Oneida County sold at lower prices: Find out how much here

Decline in Home Sale Prices in Oneida County

New data from Realtor.com for June reveals a significant drop in home sale prices in Oneida County, with the median price of homes sold falling to $200,000. This marks a 22.3% decrease compared to May’s median of $257,500 and a 16.7% decline from the $239,950 median recorded in June 2024. The figures reflect a broader trend of declining home values in the area, driven by various economic and market factors.

Realtor.com collects its sales data from real estate deeds, which can result in a lag of a few months before the information is available. As such, the data does not include homes currently listed for sale and should not be directly compared to listing data. For more detailed insights into the local housing market, including other community data, individuals can visit data.uticaod.com.

Breakdown of Median Sale Prices

Looking specifically at single-family homes, the median selling price in Oneida County dropped to $210,000 in June, a 19.2% decrease from $260,059 in May. Compared to June 2024, the median price for single-family homes fell by 16%, down from $250,000. Notably, one single-family home sold for $1 million or more during the month, while there were no such transactions in June 2024.

Condominiums and townhomes also experienced a sharp decline, with the median sales price dropping 41.1% to $106,875 in June, compared to $181,500 in May. When compared to June 2024, the median price for these properties fell by 49.1%, down from $210,000. Similar to single-family homes, one condominium or townhouse sold for $1 million or more in June, a first for the month since June 2024.

Increase in Recorded Sales

Despite the drop in median prices, the number of recorded home sales in Oneida County saw a dramatic increase in June, rising by 687% compared to June 2024. The number of sales went from 23 to 181, with total residential home sales amounting to $49.1 million.

Statewide Trends in New York

Across New York, the median home sales price for June was $509,671, representing a 1.9% increase from $500,000 in May. However, the total number of recorded sales across the state declined by 6.2%, dropping from 10,709 in June 2024 to 10,049 in June 2025.

The total value of recorded residential home sales in New York decreased by 1.6% in June, from $8.3 billion in May to $8.2 billion. Additionally, 18.04% of homes sold for at least $1 million in June, up from 16.61% in June 2024.

Single-Family Homes and Condominiums

Single-family homes across the state saw a 2% increase in median sales prices, rising from $442,290 in May to $451,031 in June. Since June 2024, the median price for these homes has increased by 5%, up from $429,440.

Condominiums and townhomes also experienced growth, with a 3.8% increase in median sales prices from $626,296 in May to $650,000 in June. The median price for these properties has risen by 12.2% compared to June 2024, when it stood at $579,238.

Understanding the Median vs. Average

The median home sales price used in this report represents the midpoint of all homes or units listed over a given period. Unlike the average sales price, which is calculated by summing all sales prices and dividing by the number of homes sold, the median provides a more accurate reflection of market trends. This is because the average can be skewed by unusually high or low sales.

For more localized updates on the housing market, readers are encouraged to explore additional resources and stay informed about changes in their communities.