Foreclosure Homes in Poughkeepsie, NY 12603

Current Market Conditions in Poughkeepsie, NY

Poughkeepsie's real estate market has seen steady appreciation over the past few years, driven by the demand for housing in the lovely Hudson Valley region. Buyers are attracted to the combination of affordability compared to larger cities in New York, alongside the scenic environment and community amenities. Homes in central areas are particularly sought after due to their proximity to schools and transportation.

As of the latest data, the market remains competitive, with a balanced inventory. Though there are fluctuations in prices, generally, Poughkeepsie is experiencing a slow but steady growth in home values, which suggests a healthy demand for housing.

Rent Prices In Poughkeepsie, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Poughkeepsie, NY, is on a rollercoaster ride. The average rent price in Poughkeepsie, NY, is $1,828.00. Indeed, when looking to rent in Poughkeepsie, NY, you can expect to pay as little as $880.00 or as much as $8,440.00, with the average rent median estimated to be $1,800.00. The good news is that finding an affordable and desirable property to rent in Poughkeepsie, 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.