The story of this market
The typical home in ZIP 13353 sells for about $209,000, or $140 per square foot.
Prices are up +7% from a year ago, so sellers still have some momentum. Homes take about 40 days to sell. HUD's fair market rent for a two-bedroom is $811 a month.
This ZIP has no home sales of its own, so its market figures come from Herkimer County, New York (county-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 13353 — Hoffmeister
The 13353 housing market is characterized by extremely low inventory and high vacancy rates, with significant volatility in median price metrics. Recent data indicates a sharp year-over-year decline in home prices and limited sales activity, reflecting a stagnant rural market.
This area is primarily suited for those seeking low-cost, rural housing options in central New York, given the low median home values and limited market activity.
Median prices moved up 7.0% year over year.
Homes spend a median of 40 days on market with 2.8 months of supply — a fast-moving market.
17% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 3.2% — a stable, low-distress profile.
ZCTA 13353, Herkimer County, NY
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (New York) — Income-Based Assessment for Affordable Rental Housing: The assessed valuation must be determined using the income approach based on actual net operating income, excluding subsidies, tax credits, or grants used for development costs. State (New York) — Real Property Tax Assessment: Real property is assessed by local jurisdictions based on a uniform percentage of value. The tax liability is calculated as (Assessed Value * Tax Rate) - Exemptions.
The rental market in 13353 is characterized by a high vacancy rate and limited inventory, with typical rents for 2-bedroom units ranging from $750 to $999 per month.
The local economy is rural in nature with limited major industrial or corporate presence reported within the ZIP code.
Data sourced from US Census Bureau and secondary aggregators; specific ACS table vintages not provided in source.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass. Coherence hold-out: this pass's median price ($50,000) sat outside the 0.25–4× band around Herkimer County's retained level and was not stored.