Real Estate Investing in Oriskany, New York (13424)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13424 (Oriskany, NY)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Oriskany, NY (13424)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 13424 Oriskany
ZIP 13424 inside Oneida County looks affordable on the surface — median value of $260K — but the discount exists for reasons that a careful buyer should understand before committing.
Rent of $981/mo on a $260K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 13424 sits below the stated 0.0% once reality is priced in.
On the rental side, 13424 offers a low basis, the region around Oriskany has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 13424 ZIP's population of 2,285 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that comes in at the need for careful underwriting.
The 13424 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Oriskany:
Property Strategy for 13424
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $240,713 | $1,310 | 3.9% | +8.8% | $80,238 |
| 4BR | $291,838 | $1,510 | 3.7% | +9.1% | $72,960 |
Market Trends
Home Value History (with trend line)
📊 How Does 13424 Compare?
| Metric | 13424 | Oriskany | Utica-Rome, NY | New York |
|---|---|---|---|---|
| Home Value | $260,161 | $260,161 | N/A | $505,608 |
| 5-Year CAGR | 7.7% | 7.7% | N/A | 6.6% |
| Avg Rent | $981 | $981 | N/A | - |
| Cap Rate | 2.9% | 2.9% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 13424 (Oriskany, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $260,161 |
| Monthly Rent | $981 |
| Price-to-Rent | 22.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 10.6% |
📈 Home Appreciation
| 1-Year | +10.3% ▲ |
| 3-Year CAGR | +8.3% ▲ |
| 5-Year CAGR | +7.7% ▲ |
| 10-Year CAGR | +8.3% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.9%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 13424
Population: 2,285
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 13424
Schools in This ZIP Code
Nearby Schools (4 more)
Schools in adjacent ZIP codes that may serve this area
HARTS HILL SCHOOL
WESTMORELAND ROAD ELEMENTARY SCHOOL
WHITESBORO MIDDLE SCHOOL
PARKWAY MIDDLE SCHOOL
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 1,628 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How do home values compare in Oriskany, NY?
The median home value in Oriskany, NY is roughly $260K. That puts it reasonable relative to the NY statewide average.
Are landlord laws favorable in Oriskany, NY?
For rental operators, Oriskany, NY rates as tenant-protective. The regulatory environment standard buy-and-hold operations.
Are tenants stable in Oriskany, NY?
The tenant pool in Oriskany, NY is solid, supported by local employment and population fundamentals. Rents of $981/mo are well-absorbed by the market.
Do landlords face vacancy issues in Oriskany, NY?
Oriskany, NY vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Does a duplex house hack pencil in Oriskany, NY?
House hacking works a challenging in Oriskany, NY. Rents of $981/mo against $260K acquisition make the strategy solid for owner-occupants.
You know 13424 now. You don’t know where it ranks.
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How 13424 ranks in Utica-Rome, NY
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