55Alpha

Herkimer County, NY Housing Market Brief

county · NY · as of July 2026

Balanced

What is Herkimer County, NY’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
58
Inventory Health25%
29
Affordability20%
85
Economic Strength20%
49
Rental Yield15%
64

Where is Herkimer County, NY in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Herkimer County, NY is classified as Declining cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Herkimer County, NY?

Our model forecasts Herkimer County, NY’s home prices to decline about 2.6% over the next 12 months (medium confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Herkimer County, NY housing market data

MetricValueYoY
Median Sale Price$195K▲ +15%
Median Days on Market83 days▲ +130.6%
Months of Supply4.9▲ +44.1%
Homes for Sale176▲ +14.3%
Homes Sold36-20%
Median Price / Sq Ft$127▲ +10.3%

How has Herkimer County, NY’s Alpha Score moved?

Now: 55
12-period trend
Median sale price · 12 mo

Markets like Herkimer County, NY

Frequently asked questions

Is Herkimer County, NY a buyer's or seller's market?

As of July 2026, Herkimer County, NY is classified as a Balanced Market, based on its Alpha Score of 55 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Herkimer County, NY?

The median sale price in Herkimer County, NY is $195K, having risen 15% over the past year.

How affordable is Herkimer County, NY?

Herkimer County, NY scores 85 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Herkimer County, NY's Alpha Score?

Herkimer County, NY's strongest dimension is Affordability (85/100) and its weakest is Inventory Health (29/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Herkimer County, NY? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.