Is Peekskill, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Peekskill was a Buyer's Market.
Housing Prices in Peekskill, NY
How much do homes in Peekskill, NY cost?
Median Sold Price
$416,500
$264/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Peekskill was $416,500 in April 2024, up 3.7% from last year, and the median price per square foot was $264.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $129K | $135K | +4.7% |
2 Bedrooms | $360K | $405K | +12.5% |
3 Bedrooms | $488K | $480K | -1.6% |
4 Bedrooms | $540K | $527.5K | -2.3% |
5+ Bedrooms | $592.5K | $605K | +2.1% |
Summary: Peekskill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.7%, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 2.1%.
Median Sold Price Compared To Nearby Cities
Cortlandt Manor | $543.3K | $600K | +10.4% |
Cortlandt | $549.8K | $601.6K | +9.4% |
Peekskill | $401.6K | $416.5K | +3.7% |
Housing Supply in Peekskill, NY
How many homes are available in Peekskill, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
79 | 88 | +11.4% |
Summary: The Peekskill real estate market had 88 homes for sale in April 2024, a 11.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 19 | 16 | -15.8% |
2 Bedrooms | 23 | 24 | +4.3% |
3 Bedrooms | 20 | 28 | +40.0% |
4 Bedrooms | 11 | 11 | 0.0% |
5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Peekskill housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 15.8%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 18 | +38.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Peekskill in April 2024, up by 38.5% month-over-month. Of the 18 sold homes, 17% were sold under asking, 28% were sold at asking, and 56% were sold over asking.
Days on Market for Peekskill, NY
How long does it take to sell a home in Peekskill, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
55 Days | 32 Days | -41.3% |
Summary: Homes in Peekskill had an average of 32 days on market in Apr 2024, down by 41.3% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in Peekskill; 67% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.