Oneonta, NY
Oneonta merits investigation by yield-focused buyers who can underwrite flood exposure and tolerate a slower resale process.
Why this market scores where it does
Written from the figures on this page and then checked against them: every number below had to appear in the source record or recompute from two that did, or the text was rewritten.
Oneonta merits investigation by yield-focused buyers who can underwrite flood exposure and tolerate a slower resale process. Median asking rent of $1,549 against a $220,637 median home value corresponds with the published 8.42% gross yield. Buyers needing easy exits or low hazard exposure should avoid it.
Opportunity is concentrated in income signals: asking rent rose 11.02% year over year while LAUS employment rose 1.02%, and home values rose 3.36%. Yet tax filings show net migration of -102 households. The combination supports a rental-income screen, but not an assumption that tenant depth is broad or expanding.
Execution risk is material. Inventory stands at 5.6 months and median market time is 77 days, while the dominant hazard is inland flood. The published climate loss ratio is 0.1906% of building value annually; treat that as a screening metric, not a property-level quote. Verify insurance, flood location, achievable rent, and exit pricing before bidding.
Frequently Asked Investor Questions
What are the headline acquisition and rental-income figures?
Do recent demand indicators point in the same direction?
How active are investors in local purchases?
Investor Quick Takeaways
Computed from the current Zillow rent and home-value medians.
Zillow ZORI rent growth trend over trailing 12 months.
Originated investment purchase share (CFPB HMDA).
Annualized loss ratio evaluated for flood & hurricane risk.
Test the market, then test the deal
Keep Oneonta as the starting point or move into a more specific property and rent check.
The current market in eight signals
Fast-moving Redfin conditions sit beside the slower fundamentals so a buyer can separate today's negotiating climate from the long-run investment case.
What each component measures
Weights are published, not hidden, and the arithmetic is shown. Five components, each measured as a national percentile across all tracked metros.
| Signal | Score | Weight | Points |
|---|---|---|---|
| Job growth | 81 | 30% | 24.30 |
| Rent trend | 96 | 25% | 24.00 |
| Affordability | 36 | 15% | 5.40 |
| Supply pressure | 34 | 15% | 5.10 |
| Climate risk | 26 | 15% | 3.90 |
| Published score | 63 | ||
LAUS employment rose 1.02% year over year -> the labor signal is positive, though negative net migration tempers the demand picture.
Median asking rent rose 11.02% and published gross yield is 8.42% -> income economics warrant review, but asking rent is not verified collected rent.
Rent equals 26.98% of median income and home value is 3.2 times income -> current affordability is measurable, but capacity for further rent increases is not published.
Permits total 112, inventory is 5.6 months, and median days on market is 77 -> new supply is visible, while resale may require patience.
An inland-flood hazard accompanies a 0.1906% annual climate loss ratio -> property-level flood and insurance checks are central to underwriting.
What this market costs and what it earns
Every derived ratio below recomputes from the same source record used by the article and score.
What is being built, and for whom
Permits are the 12-to-24 month early warning. The total matters less than the mix: apartments compete with a rental the day they open.
Demand, and the competition for it
Tax filings say how many households moved and what they earn; mortgage disclosures say how many local purchases went to someone who will not live there. Moves between counties inside this metro are netted out of both flow figures.
What would make this a bad buy
Generated from the same figures with the instruction to argue against the score, and published unedited. A page that only agrees with itself is an advertisement.
Three ways the case breaks
- Tax filings show 1,434 households moved out versus 1,332 in, producing net migration of -102, while the published mover AGI gap is -$5,045.
- A 5.6-month supply, 77 median days on market, and a 17.75% price-drop share could make resale timing and pricing disappointing.
- Inland flood is the dominant hazard, and the 0.1906% annual climate loss ratio leaves property-specific insurance and loss exposure unresolved.
Move from the metro average to local evidence
County pages carry tax, migration, listing and hazard records. City pages appear only where direct city price, rent and Census evidence pass the publication gate.
No city in this metro has passed the current city evidence gate.
Metros that behave like Oneonta
Nearest neighbours on price level, income, yield and job growth — not on geography. Every market page gets a different peer set, which is the point.
| Metro | Score | Price | Rent | Yield | Job Growth |
|---|---|---|---|---|---|
| Oneonta, NY (Target) | 63 | $221k | $1,549 | 8.4% | ▲ 1.0% |
| Enterprise, AL | 61 | $188k | $1,400 | 9.0% | ▲ 1.1% |
| Paducah, KY | 65 | $170k | $1,273 | 9.0% | ▲ 0.6% |
| Morgantown, WV | 70 | $232k | $1,515 | 7.8% | ▲ 1.3% |
| Corning, NY | 47 | $174k | $1,277 | 8.8% | ▲ 0.0% |
Where every figure came from
“Checked nightly” means every source is re-pulled and re-verified each night. It does not mean every source moves nightly — the release column tells you how fresh each number can possibly be.
| Dataset Source | Method | Release Period | Pulled Date |
|---|---|---|---|
| Census ACS 5-year — household income | direct | ACS 2024 5-year | 2026-07-26 |
| Census ACS 5-year — population | direct | ACS 2024 5-year | 2026-07-26 |
| BLS CES — payroll employment | direct | CES SM current | 2026-07-26 |
| BLS LAUS — resident employment | direct | LAUS current | 2026-07-26 |
| BLS QCEW — county employment and wages | direct | annual county employment and wages 2025 vs 2024 | 2026-07-31 |
| OMB/BLS delineation — metro geography | direct | OMB July 2023 delineation | 2026-07-30 |
| Census Building Permits Survey — permitted units | direct | BPS through 2026 | 2026-07-26 |
| Census ACS 5-year — city population, households and housing | direct | ACS 2024 5-year | 2026-07-29 |
| Census ACS 5-year — county housing value, tenure and stock | direct | ACS 2024 5-year | 2026-07-30 |
| Census ACS 5-year — cities and communities | direct | ACS 2024 5-year | 2026-07-30 |
| FEMA National Risk Index — hazard loss ratios | modelled | NRI counties (FEMA ArcGIS) | 2026-07-26 |
| FHFA House Price Index — annual county appreciation | direct | annual county HPI 2025 | 2026-07-28 |
| HMDA / CFPB — purchases by occupancy type | direct | HMDA 2024 purchase originations | 2026-07-26 |
| HUD Fair Market Rents — Section 8 standard | direct | FY2026 FMR | 2026-07-26 |
| HUD USPS crosswalk and Small Area FMRs — ZIP rent fallback | direct | ZIP-CBSA 2025Q4 + SAFMR FY2026 | 2026-07-26 |
| IRS SOI — county migration and mover income | direct | SOI migration 2022-2023 | 2026-07-26 |
| Freddie Mac PMMS — mortgage rates | direct | week of 2026-07-23 | 2026-07-27 |
| Census ACS 5-year — effective property tax | direct | ACS 2024 5-year | 2026-07-27 |
| Realtor.com Economic Research — county listing inventory | direct | county inventory 2026-06 | 2026-07-28 |
| Redfin Data Center — inventory, days on market, and price cuts | direct | metro tracker through 2026-05-01 | 2026-07-26 |
| Zillow ZHVI and ZORI — county values and rents | direct | county ZHVI/ZORI 2026-06 | 2026-07-26 |
| Zillow ZHVI — metro home values | direct | Metro_zhvi_uc_sfrcondo_tier_0.33_0.67_sm_sa_month.csv | 2026-07-26 |
| Zillow ZHVI — city home values | direct | zillow_zhvi_city.csv | 2026-07-29 |
| Zillow ZORI — metro market rents | direct | Metro_zori_uc_sfrcondomfr_sm_sa_month.csv | 2026-07-26 |
| Zillow ZORI — city market rents | direct | zillow_zori_city.csv | 2026-07-29 |
| Zillow ZORI — ZIP market rents | direct | ZORI ZIP 2026-06 | 2026-07-26 |