What is the median home value in the Village of Herkimer, NY?
The median value of owner-occupied homes in the Village of Herkimer, NY is $133,200 (±$28,866), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In the Village of Herkimer, the median home value went from $78,000 in 2015–2019 to $133,200 in 2020–2024 (+70.8%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median home value
- $133,200 (±$28,866)
- Owner-occupied homes
- 1,750 (±315)
- Most common range
- $50,000 to $99,999
Home values in the Village of Herkimer
| Value | Village of Herkimer | Herkimer County | New York | United States |
|---|---|---|---|---|
| Less than $50,000 | 3.5% (±2.9 points) | 7.5% | 3.9% | 5.3% |
| $50,000 to $99,999 | 36.2% (±12.0 points) | 23.2% | 5.6% | 6.1% |
| $100,000 to $149,999 | 18.3% (±8.0 points) | 20.1% | 6.7% | 6.8% |
| $150,000 to $199,999 | 19.8% (±10.6 points) | 17.4% | 8.3% | 9.0% |
| $200,000 to $299,999 | 14.1% (±10.2 points) | 16.1% | 13.2% | 17.8% |
| $300,000 to $499,999 | 5.8% (±5.3 points) | 11.8% | 19.7% | 26.9% |
| $500,000 to $999,999 | 2.2% (±3.3 points) | 2.9% | 30.1% | 20.9% |
| $1,000,000 or more | 0.0% (±2.4 points) | 1.0% | 12.6% | 7.1% |
The most common range is $50,000 to $99,999, 36.2% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
The Village of Herkimer against Herkimer County, its state and the nation
| Village of Herkimer | Herkimer County | New York | United States | |
|---|---|---|---|---|
| Median home value | $133,200 (±$28,866) | $147,700 (±$7,209) | $423,800 (±$1,627) | $332,700 |
| Owner-occupied homes | 1,750 (±315) | 19,723 (±513) | 4,196,985 (±19,607) | 84,210,142 |
In the Village of Herkimer, the median home value is not measurably different from Herkimer County ($147,700).
It is also lower than in New York ($423,800).
It is lower than the national figure ($332,700).
In Herkimer County, the Village of Herkimer ranks 5 of 10 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 406 of 530.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in the Village of Herkimer have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $78,000 (±$13,278) | $133,200 (±$28,866) | +70.8% | Up after inflation |
| Median owner cost with a mortgage | $904 (±$116) | $1,324 (±$217) | +46.5% | No measurable change after inflation |
| Median real estate taxes | $2,792 (±$369) | $3,607 (±$426) | +29.2% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near the Village of Herkimer
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Village of Herkimer | — | $133,200 (±$28,866) | — |
| Village of Mohawk | 1.5 mi | $124,600 (±$28,235) | Not measurably different |
| Town of Herkimer | 2.3 mi | $136,300 (±$22,032) | Not measurably different |
| Village of Ilion | 2.6 mi | $108,700 (±$15,875) | Not measurably different |
| Town of German Flatts | 3.3 mi | $119,800 (±$12,462) | Not measurably different |
| Village of Frankfort | 4.0 mi | $128,200 (±$17,665) | Not measurably different |
| Town of Little Falls | 5.0 mi | $154,100 (±$19,978) | Not measurably different |
| Little Falls | 7.0 mi | $105,700 (±$22,269) | Not measurably different |
| Town of Frankfort | 7.3 mi | $155,200 (±$10,428) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Herkimer County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 1 | Village of Middleville | $163,100 (±$31,284) |
| 2 | Village of Newport | $156,300 (±$34,416) |
| 3 | Village of West Winfield | $151,300 (±$31,944) |
| 4 | Village of Cold Brook | $150,000 (±$62,164) |
| 5 | Village of Herkimer | $133,200 (±$28,866) |
| 6 | Village of Poland | $129,200 (±$31,168) |
| 7 | Village of Frankfort | $128,200 (±$17,665) |
| 8 | Village of Mohawk | $124,600 (±$28,235) |
| 9 | Village of Dolgeville | $115,200 (±$29,830) |
| 10 | Village of Ilion | $108,700 (±$15,875) |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Village of Herkimer
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Village of Herkimer beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Village of Herkimer, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Village of Herkimer, and send estimates and invoices from your phone.
Questions about Village of Herkimer
What is the average home value in the Village of Herkimer, NY?
The Census Bureau publishes the median: $133,200 (±$28,866) for owner-occupied homes in the Village of Herkimer (2020–2024 American Community Survey).
Have home values in the Village of Herkimer gone up?
In the Village of Herkimer, the median home value went from $78,000 in 2015–2019 to $133,200 in 2020–2024 (+70.8%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Is this what homes in the Village of Herkimer sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Herkimer village, New York
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Herkimer village, New York
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Herkimer village, New York
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Herkimer village, New York
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Herkimer village, New York (place:34121, in state:36).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in the Village of Herkimer at a glance
- Median rent in the Village of Herkimer
- Rent by bedrooms in the Village of Herkimer
- Rent burden in the Village of Herkimer
- Renters and owners in the Village of Herkimer
- Income and affordability in the Village of Herkimer
- Homeowner costs in the Village of Herkimer
- Property taxes in the Village of Herkimer
- Types of homes in the Village of Herkimer
- Bedrooms in the Village of Herkimer
- Age of homes in the Village of Herkimer
- Heating fuel in the Village of Herkimer
- Commute and cars in the Village of Herkimer
- Crime reported to police in the Village of Herkimer
- Population growth in the Village of Herkimer
- How long people stay in the Village of Herkimer
- Crowding and facilities in the Village of Herkimer
- New York landlord and tenant rules
- Housing across Herkimer County
- New York places ranked by median home value
- Housing data for every place in New York