Is Lake 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, Lake Peekskill was a Buyer's Market.
Housing Prices in Lake Peekskill, NY
How much do homes in Lake Peekskill, NY cost?
Median Sold Price
$380,000
$328/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lake Peekskill was $380,000 in April 2024, up 1.3% from last year, and the median price per square foot was $328.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $230K | $360K | +56.5% |
2 Bedrooms | $355K | $365K | +2.8% |
3 Bedrooms | $399.9K | $395K | -1.2% |
4 Bedrooms | $391.2K | $553.2K | +41.4% |
5+ Bedrooms | - | - | N/A |
Summary: Lake Peekskill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 56.5%, 2 bedroom homes increased by 2.8%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 41.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Cortlandt Manor | $543.3K | $600K | +10.4% |
Cortlandt | $549.8K | $601.6K | +9.4% |
Lake Peekskill | $375K | $380K | +1.3% |
Philipstown | $650K | $630K | -3.1% |
Garrison | $659.5K | $632.5K | -4.1% |
Housing Supply in Lake Peekskill, NY
How many homes are available in Lake Peekskill, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 17 | +6.3% |
Summary: The Lake Peekskill real estate market had 17 homes for sale in April 2024, a 6.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 9 | +12.5% |
3 Bedrooms | 7 | 6 | -14.3% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lake Peekskill housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Lake Peekskill in April 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Lake Peekskill, NY
How long does it take to sell a home in Lake Peekskill, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
161 Days | 65 Days | -59.4% |
Summary: Homes in Lake Peekskill had an average of 65 days on market in Apr 2024, down by 59.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Lake Peekskill; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.