Home prices
The median home cost in Herkimer is $78,000. This is about $4,260 (5%) lower compared to other places in this area.In comparison to the country as a whole it is about $139,500 (64%) lower, and it is roughly $16,400 (17%) lower in comparison to the city of Syracuse.
Rents
In Herkimer the median rent is $698 per month. This is approximately $87 (14%) higher in comparison to its surrounding areas.It is approximately $364 (34%) lower compared to the nation as a whole, and in comparison to the city of Syracuse is approximately $116 (14%) lower.
Nearby places
Mohawk
Mohawk is Herkimer's neighbor to the southwest. Housing prices there are similar. The median home in Mohawk is valued at $79,300, which is $1,300 (1%) higher than Herkimer. Rent there is a bit less expensive. In Mohawk the median monthly rent is $600, which is $98 (16%) lower than Herkimer.
Ilion
Ilion is roughly 2 miles southwest from Herkimer. Real estate prices there are similar. The median home cost in Ilion is $81,900, which works out to $3,900 (4%) higher than Herkimer. The rent there is a bit less expensive. In Ilion the median monthly rent is $623, which comes out to $75 (12%) lower than Herkimer.
Frankfort
Frankfort is approximately 3 miles west of Herkimer. The real estate prices there are a little more expensive. The median home in Frankfort is valued at $85,400, which is $7,400 (8%) higher than Herkimer. Rent there is somewhat less expensive. The median monthly rent in Frankfort is $662, which comes out to $36 (5%) lower than Herkimer.
Little Falls
Little Falls is roughly 5 miles east from Herkimer. Its housing prices are similar. The price of the median home in Little Falls is $76,900, which works out to $1,100 (1%) lower than Herkimer. Rent there is somewhat less expensive. The median monthly rent in Little Falls is $619, which is $79 (12%) lower than Herkimer.
Middleville
Middleville is roughly 7 miles north from Herkimer. Its housing prices are a little more expensive. The cost of the median home in Middleville is $87,800, which is $9,800 (11%) higher than Herkimer. Its rents are somewhat less expensive. Middleville's median monthly rent is $550, which works out to $148 (26%) lower than Herkimer.