The story of this market
The typical home in ZIP 13406 sells for about $237,150, or $163 per square foot.
Prices are up +7.2% from a year ago, so sellers still have some momentum. Homes take about 24 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,050 a month.
ZIP 13406 — Middleville
The housing market in ZIP 13406 remains stable with moderate price appreciation and low inventory levels. Buyer demand is balanced by limited supply, keeping the market competitive for well-priced homes. These trends are driven by the broader economic stability of the Utica-Rome region.
This ZIP is best suited for local workers and those seeking a rural, quiet lifestyle with proximity to the Utica-Rome metro area.
Median prices moved up 7.2% year over year.
Homes spend a median of 24 days on market with 7.0 months of supply — a fast-moving market.
11% of listings have cut prices · homes sell at 97.8% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 12.1% · poverty 5.0% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 13406, Herkimer County NY
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by local districts within the Utica-Rome region, generally characterized by stable but modest performance metrics.
The region faces standard seasonal weather risks including heavy winter snowfall and potential localized flooding in low-lying areas near the West Canada Creek.
Economic momentum is tied to the broader Utica-Rome manufacturing and healthcare sectors, with ongoing infrastructure maintenance and regional development efforts.
Property taxes are levied by the county, town, and school district, with rates determined by local assessment rolls and annual budget requirements.
Commutes are primarily car-dependent, with access to local routes connecting to the Utica employment core.
The area offers access to rural outdoor recreation, including fishing and hiking along West Canada Creek, with limited immediate shopping.
The rental market is characterized by moderate demand and limited inventory, with rents generally tracking regional affordability benchmarks.
The economy is anchored by the broader Utica-Rome manufacturing, healthcare, and education sectors.
Transportation is primarily via regional highway corridors with limited public transit options.
Development is largely focused on residential infill and regional infrastructure maintenance.
The Herkimer County assessment office manages property valuations based on local market trends.
Parcels are subject to local school district and county-level tax levies.
Property insurance premiums are influenced by regional weather patterns and proximity to water bodies.
New York is a judicial foreclosure state, requiring court intervention for the foreclosure process.
New York requires sellers to provide a property condition disclosure statement or pay a credit to the buyer.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Provides local fishing and recreational access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.