Peekskill, NY Foreclosures
How much do homes sell for in Peekskill, NY?
The average home price is currently $505,357.
In Peekskill, NY, how many homes are available?
There are currently 5 active home listings available in Peekskill.
What’s the average rental cost in Peekskill, NY?
The average rental price in Peekskill is $2,229.
What is the most expensive home in Peekskill?
The most expensive home sold in Peekskill had a price of $21,349,416.
What is currently the cheapest priced home in Peekskill, NY?
The cheapest home for sale in Peekskill is priced at $10,650.
Living in Peekskill, NY
Peekskill, NY, is a charming city located along the Hudson River, known for its artistic vibe and rich history. With a variety of local shops, dining options, and scenic outdoor spaces, it provides a great lifestyle for families and young professionals alike. Its convenient transportation links to New York City make it an attractive option for commuters seeking a suburban retreat.
Current Market Conditions in Peekskill, NY
The real estate market in Peekskill has shown a steady increase in home values over the past year, driven by rising demand and limited inventory. Many buyers are attracted to the city's unique cultural offerings and scenic views, resulting in a competitive market where homes may sell quickly. Real estate agents report that first-time homebuyers and young families are particularly active in the market, seeking starter homes and apartments.
In recent months, the real estate market has experienced a slight cooling, with growing interest rates causing some buyers to pause. However, the long-term outlook remains positive as Peekskill’s popularity continues to draw new residents to the area. Days on the market have increased slightly, giving buyers more time to make offers, but homes that are priced well and in good condition continue to attract multiple bids.
Home Value Estimator For Peekskill, NY
There are currently 6,387 real estate properties
in Peekskill, NY,
with a median automated valuation model (AVM) price
of $465,038.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Peekskill, NY, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Peekskill, NY,
is $505,357.00, with the most expensive house
in Peekskill, NY, topping out
at $21,349,416.00 and the cheapest home
in Peekskill, NY,
clocking in at $10,650.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Peekskill, NY!
Rent Prices
In Peekskill, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Peekskill, NY, is on
a rollercoaster ride. The
average rent price in Peekskill, NY,
is $2,229.00. Indeed, when looking to rent in
Peekskill, NY, you can expect to pay as little
as $1,160.00 or as much
as $3,450.00,
with the average rent median estimated to
be $2,310.00. The good news is that finding
an affordable and desirable property to rent in Peekskill, NY
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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