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Housing in Ilion

61 homes sold in Ilion in the last year, at a typical $142K

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 Ilion homes are listed.

Homes sold
61
June 2025 to May 2026
Typical sale price
$142K
median, weighted by sales
Price per square foot
$86
New York $434
Paid vs. asking
98.4%
41% sold over asking
For sale now
19
May 2026 · 3 sold that month
What sold · last 12 months

Houses are 87% of Ilion’s sales, at a typical $149K

61 homes sold in the year to May 2026.

Houses$149K

typical sale · 53 sold in 12 months

Per square foot
$91NY $316
Days to sell
51
Sold over asking
40%
Listings with a price cut
23%
Fewer sales

Multi-family (2–4 units): 7 sold, typical $115K
Townhouses: 1 sold, typical $195K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 2.3 times the 2016 price

61 sales in the last year, against 93 in 2021 and a low of 31 in 2012. The typical sale went from $63K in 2016 to $142K.

Homes soldTypical sale price
0255075100$50K$100K$150K$200K2012: 31 sold, typical $71K’122013: 31 sold, typical $84K2014: 32 sold, typical $78K’142015: 62 sold, typical $56K2016: 66 sold, typical $63K’162017: 75 sold, typical $73K2018: 88 sold, typical $65K’182019: 75 sold, typical $79K2020: 77 sold, typical $95K’202021: 93 sold, typical $89K2022: 74 sold, typical $98K’222023: 70 sold, typical $110K2024: 68 sold, typical $123K’242025: 63 sold, typical $143KLast 12 months: 61 sold, typical $142KNow

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 Ilion

Houseat $91 a sq ft
The same money in New Yorkat $316 a sq ft

Is this asking price fair?

Check a listing against what Ilion 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 · 14 years of sales

Bidding wars in Ilion are more common than before the pandemic, but half fewer homes come up for sale

We read every month of Ilion’s home sales since 2012 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, 61 sales.

If you’re buying in Ilion

  • Shop in May. It brings about 10 new listings a month, close to the busiest month, with fewer bidding wars (23% over asking).
  • Bid near asking. Buyers paid 98.4% of the list price on average; 41% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Summer brings both the most homes and the most bidding wars

June has the most new listings (about 11 a month), but August is the most competitive: 42% of August sales close over asking. May offers nearly as much choice with fewer homes bid up (23%). April has the least competition (18%) but only about 6 new listings.

New listings a monthShare sold over asking
03.87.511.31520%40%60%Sweet spotJan: 7 new listings a month, 19% sold over asking, 128 days to sellJFeb: 4 new listings a month, 33% sold over asking, 128 days to sellFMar: 7 new listings a month, 25% sold over asking, 131 days to sellMApr: 6 new listings a month, 18% sold over asking, 134 days to sellAMay: 10 new listings a month, 23% sold over asking, 130 days to sellMJun: 11 new listings a month, 38% sold over asking, 115 days to sellJJul: 10 new listings a month, 28% sold over asking, 101 days to sellJAug: 10 new listings a month, 42% sold over asking, 73 days to sellASep: 10 new listings a month, 35% sold over asking, 92 days to sellSOct: 8 new listings a month, 30% sold over asking, 84 days to sellONov: 6 new listings a month, 31% sold over asking, 94 days to sellNDec: 4 new listings a month, 28% sold over asking, 96 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and about like New York as a whole

Ilion now2017–192021 peakNY now
Sold over askingShare of sales that closed above the list price41%19%42%41%
Gone within two weeksShare of homes under contract within 14 days48%1%27%26%
Listings with a price cutShare of homes for sale that cut their price22%—16%20%
Price paid vs. askingAverage sale price ÷ list price98.4%93.2%96.3%101%
Days to sellMedian days from listing to contract5315110141
Supply

21 homes for sale on a typical day

That’s 1.7 times the 2024 low (13), 52% fewer than in 2017–19 and well under 2018’s 47.

2012: 27 for sale’122013: 25 for sale2014: 36 for sale2015: 42 for sale’152016: 45 for sale2017: 41 for sale2018: 47 for sale’182019: 46 for sale2020: 41 for sale2021: 28 for sale’212022: 17 for sale2023: 14 for sale2024: 13 for sale’242025: 21 for saleLast 12 months: 21 for saleNow
Room to negotiate

1 in 5 listings has cut its price

22% in the last year, against — in 2017–19 and 20% across New York.

2021: 16%’212022: 25%2023: 27%2024: 20%’242025: 21%Last 12 months: 22%Now
Across New York

Ilion ranks 286th of 362 busy New York markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Ilion is one of the state’s calmer markets.

Source: Redfin Data Center, city market tracker, January 2012 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 Ilion home costs about $1,063 a month

Mortgage
Property tax
Insurance
Rent

Price: Ilion’s typical sale, last 12 months. Property tax at Ilion’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 Ilion is affordable on local pay is on Cost of living.

Before you buy in Ilion

Six things worth knowing

11

New listings in June

The month with the most choice. February 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 $142K home, about $3,870 a year.

Taxes vs. neighbors
C

Schools

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

Schools in Ilion
20 min

Typical commute

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

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 Ilion, 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 Ilion, free

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

Questions about buying a home in Ilion

What do homes sell for in Ilion, NY?

61 homes sold in the year to May 2026 at a typical $142K, $86 a square foot.

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

A buyer’s market: 19 homes were for sale in May 2026 and 3 sold, about 6.3 months of supply. Buyers paid 98.4% of asking on average, and 22% of listings cut their price.

When is the best time to buy in Ilion?

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

How much are property taxes in Ilion?

About 2.7% of a home’s value a year. On a $142K home that’s near $3,870.

Where can I see homes for sale in Ilion?

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

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).