The story of this market
The typical home in ZIP 13416 sells for about $267,450, or $163 per square foot.
Prices are up +2.3% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $779 a month.
ZIP 13416 — Newport
The housing market in the 13416 area remains stable with low inventory and steady demand. Prices have seen modest year-over-year growth, reflecting the broader trends in the Utica-Rome metropolitan region. The market is currently seller-leaning due to limited supply.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle with affordable housing options compared to larger metropolitan centers.
Median prices moved up 2.3% year over year.
Homes spend a median of 42 days on market with 1.9 months of supply — a fast-moving market.
11% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.0% · poverty 14.2% — a stable, low-distress 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 7.0%/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 4.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 13416, 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.
Not determinable at the ZIP level; regional crime trends in Herkimer County generally track with rural upstate New York averages.
Schools serving the Newport area are part of the West Canada Valley Central School District, which is generally characterized by small class sizes and rural community engagement.
The area is subject to standard upstate New York climate risks, including heavy winter snowfall and potential seasonal flooding near local waterways.
Economic momentum is tied to the broader Utica-Rome manufacturing and healthcare sectors, with limited new large-scale commercial development within the immediate ZIP.
Property taxes are levied by Herkimer County, the town of Newport, and the local school district; rates are influenced by local assessment rolls and school budget votes.
Commuting typically requires personal vehicle travel, with residents driving toward Utica or Herkimer for major employment hubs.
The area offers access to rural outdoor recreation, including local parks, fishing, and proximity to the Adirondack Park foothills.
The rental market is characterized by low inventory and steady demand from local workers, with limited short-term rental saturation.
The economy is anchored by regional manufacturing, agriculture, and public sector employment in the Utica-Rome metropolitan area.
Transportation is primarily highway-dependent, with access to NY-28 serving as a main corridor.
No major large-scale commercial developments are currently reported for this specific ZIP code.
The Herkimer County assessment office manages property valuations for tax purposes.
Parcels are subject to school district taxes and local municipal levies.
Property insurance premiums are influenced by rural fire protection ratings and regional weather exposure.
The region has experienced modest population shifts consistent with broader upstate New York trends.
New York is a judicial foreclosure state, requiring court intervention for the foreclosure process.
New York requires a standard property condition disclosure statement from sellers.
Data retrieved from US Census Bureau 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.
Popular for fishing and scenic recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.