ZIP Code 13323 Housing Market

📝 Local Market Notes

The housing market in ZIP code 13323 has exhibited a pronounced upward trajectory over the past five years. The Home Price Index (HPI) has risen from 217.99 in 2021 to 323.11 in 2025, representing a cumulative appreciation of approximately 48.2%. This sustained growth indicates a robust local demand environment that has outpaced broader regional trends. The most recent year-over-year increase of 10.47% reflects continued momentum, suggesting that inventory constraints or high buyer interest are maintaining price pressure within this specific geographic area. This performance diverges significantly from both the county and state averages. While Oneida County recorded a year-over-year growth of 6.34% and New York State grew by 3.55%, ZIP 13323’s 10.47% gain is nearly double the state rate. This divergence signals that the sub-market is experiencing localized factors driving value, distinct from the broader economic conditions affecting the rest of the county. In contrast, nearby ZIP 13403 saw a decline of 16.94%, highlighting the volatility and specific nature of the 13323 market. Contextualizing this growth with parent county data reveals a unique sub-market character. Although the Oneida County median home value is $182,600, the high HPI index in 13323 suggests that this ZIP code may contain higher-value properties or specific amenities that command a premium. With a median household income of $70,154 and an owner-occupancy rate of 67.7%, the area supports a stable homeownership base. However, the rapid appreciation rate relative to the national 30-year mortgage rate of 7.40% implies that entry costs are rising faster than average income growth. Prospective buyers should note that while the market is strong, the pace of appreciation in 13323 is exceptional compared to surrounding areas, requiring careful assessment of affordability against the local income baseline.

Based on FHFA House Price Index data.