A typical Herkimer County home listed for $177,200 in September, up 1.3% from the previous month's $174,900, an analysis of data from Realtor.com shows.
The median list home price in September was down about 1.4% from September 2021. Herkimer County's median home was 1,694 square feet for a listed price of $117 per square foot.
The Herkimer County market was busy, with a median 63 days on market. A month earlier, homes had a median 60 days on market. The market added 82 new home listings in September, compared with the 46 added in September 2021. The market ended the month with some 155 listings of homes for sale.
The median home prices issued by Realtor.com may exclude much, or even most, of a market's homes. The price and volume represent only homes that are single-family homes, condominiums or townhomes. They include existing homes, but exclude most new construction as well as pending and contingent sales.
Information on your local housing market is available through the USA TODAY Network, with more data from Realtor.com.
Across metro Utica, median home prices fell to $189,000, down 0.5% from a month earlier. The median home had 1,598 square feet, at a list price of $125 per square foot.
Across all of New York, median home prices were $582,450, rising 0.9% from a month earlier. The median New York home for sale had 1,600 square feet at list price of $329 per square foot.
Database:New York Real Estate Market Report
Across the United States, median home prices were $427,250, down 1.3% from a month earlier. The median American home for sale had 1,875 square feet, listed at $220 per square foot.
The median home list price — the midway point of all the houses or units listed over a period of time — is used more often in this report instead of the average home list price because experts say the median offers a more accurate view of what's happening in a market. In finding the average price, all prices of homes listed are added and then divided by the number of homes sold. This measure can be skewed by one low or high price.
The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from the Realtor.com residential listings database. The story was written by Mike Stucka and Sean Lahman.
This article originally appeared on Times Telegram: Herkimer County homes for sale rise to $177,200 median price