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North Main Street, Herkimer, New YorkPhoto: Kenneth C. Zirkel · CC BY-SA 4.0
Housing in Herkimer

59 homes sold in Herkimer in the last year, at a typical $145K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Herkimer homes are listed.

Homes sold
59
June 2025 to May 2026
Typical sale price
$145K
median, weighted by sales
Price per square foot
$87
New York $434
Paid vs. asking
96.4%
36% sold over asking
For sale now
21
May 2026 · 4 sold that month
What sold · last 12 months

Houses are 90% of Herkimer’s sales, at a typical $156K

59 homes sold in the year to May 2026.

Houses$156K

typical sale · 53 sold in 12 months

Per square foot
$98NY $316
Days to sell
64
Sold over asking
38%
Listings with a price cut
30%
Fewer sales

Multi-family (2–4 units): 6 sold, typical $70K

Too few sales in 12 months for reliable figures.

12 years of sales

About as many homes sell as usual, at 2.6 times the 2016 price

59 sales in the last year, against 70 in 2022 and a low of 21 in 2013. The typical sale went from $56K in 2016 to $145K.

Homes soldTypical sale price
0255075100$50K$100K$150K$200K2013: 21 sold, typical $74K’132015: 40 sold, typical $75K2016: 52 sold, typical $56K’162017: 68 sold, typical $61K2018: 66 sold, typical $61K’182019: 64 sold, typical $76K2020: 55 sold, typical $78K’202021: 52 sold, typical $100K2022: 70 sold, typical $107K’222023: 57 sold, typical $123K2024: 57 sold, typical $127K’242025: 61 sold, typical $150KLast 12 months: 59 sold, typical $145KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $150K buys in Herkimer

Houseat $98 a sq ft
The same money in New Yorkat $316 a sq ft

Is this asking price fair?

Check a listing against what Herkimer homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 12 years of sales

Bidding wars in Herkimer are more common than before the pandemic, but two thirds fewer homes come up for sale

We read every month of Herkimer’s home sales since 2013 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 59 sales.

If you’re buying in Herkimer

  • Shop in July. It brings about 9 new listings a month, close to the busiest month, with fewer bidding wars (26% over asking).
  • Offer under asking. Buyers paid 96.4% of the list price on average; 36% paid over.
  • You’ll usually have time. Only 41% of homes go under contract within two weeks; the typical one takes 58 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

July has the most new listings (about 9 a month), but June is the most competitive: 32% of June sales close over asking. January has the least competition (12%) but only about 5 new listings.

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 5 new listings a month, 12% sold over asking, 120 days to sellJFeb: 5 new listings a month, 23% sold over asking, 124 days to sellFMar: 6 new listings a month, 21% sold over asking, 150 days to sellMApr: 7 new listings a month, 21% sold over asking, 148 days to sellAMay: 9 new listings a month, 32% sold over asking, 115 days to sellMJun: 6 new listings a month, 32% sold over asking, 158 days to sellJJul: 9 new listings a month, 26% sold over asking, 165 days to sellJAug: 7 new listings a month, 26% sold over asking, 99 days to sellASep: 6 new listings a month, 23% sold over asking, 126 days to sellSOct: 6 new listings a month, 29% sold over asking, 126 days to sellONov: 6 new listings a month, 26% sold over asking, 73 days to sellNDec: 4 new listings a month, 30% sold over asking, 156 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and calmer than New York

Herkimer now2017–192021 peakNY now
Sold over askingShare of sales that closed above the list price36%21%27%41%
Gone within two weeksShare of homes under contract within 14 days41%1%21%26%
Listings with a price cutShare of homes for sale that cut their price29%—25%20%
Price paid vs. askingAverage sale price ÷ list price96.4%93%93.8%101%
Days to sellMedian days from listing to contract5817111541
Supply

14 homes for sale on a typical day

That’s 1.2 times the 2025 low (12), 67% fewer than in 2017–19 and well under 2018’s 46.

2013: 25 for sale’132015: 42 for sale2016: 41 for sale2017: 44 for sale’172018: 46 for sale2019: 35 for sale2020: 25 for sale’202021: 19 for sale2022: 18 for sale2023: 13 for sale’232024: 13 for sale2025: 12 for saleLast 12 months: 14 for saleNow
Room to negotiate

1 in 3 listings has cut its price

29% in the last year, against — in 2017–19 and 20% across New York.

2021: 25%’212022: 22%2023: 22%2024: 29%’242025: 32%Last 12 months: 29%Now

Source: Redfin Data Center, city market tracker, January 2013 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Herkimer home costs about $1,084 a month

Mortgage
Property tax
Insurance
Rent

Price: Herkimer’s typical sale, last 12 months. Property tax at Herkimer’s 2.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Herkimer is affordable on local pay is on Cost of living.

Before you buy in Herkimer

Six things worth knowing

9

New listings in July

The month with the most choice. December has the fewest, about 4.

Best time to buy
2.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $145K home, about $3,940 a year.

Taxes vs. neighbors
C

Schools

The schools grade for Herkimer, from test results, graduation and how much students grow.

Schools in Herkimer
20 min

Typical commute

The average one-way trip to work for people who live in Herkimer.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Little Falls sells for less a square foot; Richfield, Utica, Yorkville and New York Mills for far more

The busier markets within 25 miles of Herkimer, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Utica410$191K$12436%34
Ilion61$142K$8641%53
Herkimer59$145K$8736%58
Little Falls48$134K$7110%79
Yorkville26$147K$12412%40
Richfield22$230K$11914%70
New York Mills21$199K$13471%27

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Herkimer, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Herkimer. People who follow the town see it, and so do people comparing Herkimer with their own town. No commission, no listing fee.

Questions about buying a home in Herkimer

What do homes sell for in Herkimer, NY?

59 homes sold in the year to May 2026 at a typical $145K, $87 a square foot.

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

A balanced market: 21 homes were for sale in May 2026 and 4 sold, about 5.3 months of supply. Buyers paid 96.4% of asking on average, and 29% of listings cut their price.

When is the best time to buy in Herkimer?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Herkimer?

About 2.7% of a home’s value a year. On a $145K home that’s near $3,940.

Where can I see homes for sale in Herkimer?

Zillow, Redfin, Realtor.com and Homes.com all carry Herkimer’s MLS listings; the search links above open each one filtered to Herkimer.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).