13431 — Herkimer County, New York Market Snapshot
Housing market data for zip code 13431 in Herkimer County, New York. Updated monthly with median prices, days on market, and more.
Limited Sales Data
Only 2 homes sold in this ZIP code during the selected period. Statistics may not be representative. See the Herkimer County county page for broader data.
Market Sales Data
2 sales in 2026 (year to date)
Median Sale Price
$265,654
Days to Sell
109
Homes Sold
2
Inventory
1
Within Conforming Limit Estimate
At 5% down, the estimated base loan for the $265,654 median-priced home in 13431 is $252,371. The 2026 conforming limit is $832,750. The limit applies to the loan amount, not the home price. This estimate does not determine loan eligibility, approval, rate, fees, or mortgage insurance.
Market Insights
Conforming Loan Feasibility
At 5% down, the estimated base loan for the $265,654 median-priced home in 13431 is $252,371. The 2026 conforming limit is $832,750. The limit applies to the loan amount, not the home price. This estimate does not determine loan eligibility, approval, rate, fees, or mortgage insurance.
Loan limits in 13431 are set at the county level.
2026 Loan Limits — Herkimer County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 13431
To purchase the median home at $265,654 with 5% down at the assumed 6.75% rate, the estimated monthly payment is approximately $2,291.
Monthly Payment
$2,291
Income Required
$98,165
Principal & Interest
$1,637/mo
Property Tax
$398/mo
Home Insurance
$150/mo
Estimated PMI
$105/mo
Down Payment (5%)
$13,283
Assumes a 30-year fixed loan at 6.75%, 1.8% property tax, $1,800 annual insurance, and a 28% housing-to-income planning ratio. Planning estimate only. The income figure divides the displayed monthly housing estimate by a 28% housing-to-income ratio. It is not an approval rule. The mortgage insurance estimate uses 0.5% of the loan amount per year. Actual rates, taxes, insurance, mortgage insurance, HOA or condo dues, closing costs, repairs, utilities, other debts, and approval rules can differ. Compare actual terms and your Loan Estimate.
Mortgage Calculator
Estimate your monthly payment for a home in 13431.
Estimated Monthly Payment
$1,794
Estimates only. Actual payments, taxes, insurance, mortgage insurance, rates, and loan terms can differ. This calculator is not a loan offer.
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