Is Peekskill, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Peekskill has remained a Seller's Market.
Housing Prices in Peekskill, NY
How much do homes in Peekskill, NY cost?
Median Sold Price
$415,750
$257/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Peekskill was $415,750 in February 2024, up 0.2% from last year, and the median price per square foot was $257.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $129.5K | $123.4K | -4.7% |
2 Bedrooms | $372.5K | $382.5K | +2.7% |
3 Bedrooms | $483K | $480K | -0.6% |
4 Bedrooms | $535K | $520K | -2.8% |
5+ Bedrooms | $592.5K | $625K | +5.5% |
Summary: Peekskill housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.7%, 2 bedroom homes increased by 2.7%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 5.5%.
Median Sold Price Compared To Nearby Cities
Montrose | $440K | $510K | +15.9% |
Cortlandt | $546.5K | $594.5K | +8.8% |
Cortlandt Manor | $541.5K | $575K | +6.2% |
Peekskill | $415K | $415.7K | 0.2% |
Housing Supply in Peekskill, NY
How many homes are available in Peekskill, NY?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
70 | 76 | +8.6% |
Summary: The Peekskill real estate market had 76 homes for sale in February 2024, a 8.6% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 13 | 15 | +15.4% |
2 Bedrooms | 23 | 25 | +8.7% |
3 Bedrooms | 17 | 19 | +11.8% |
4 Bedrooms | 9 | 9 | 0.0% |
5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Peekskill housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 15.4%, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 11.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
11 | 13 | +18.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Peekskill in February 2024, up by 18.2% month-over-month. Of the 13 sold homes, 38% were sold under asking, 31% were sold at asking, and 31% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
62 Days | 46 Days | -25.2% |
Summary: Homes in Peekskill had an average of 46 days on market in Feb 2024, down by 25.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 13 homes were sold in Peekskill; 54% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.