Home Values

Peekskill Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$256,700

  • 6.6% 1-year change
  • 1.2% 1-year forecast

The median home value in Peekskill is $256,700. Peekskill home values have gone up 6.6% over the past year and Zillow predicts they will rise 1.2% within the next year. The median list price per square foot in Peekskill is $154, which is lower than the New York Metro average of $252. The median price of homes currently listed in Peekskill is $238,000 while the median price of homes that sold is $222,941.

Foreclosures will be a factor impacting home values in the next several years. In Peekskill 4.0 homes are foreclosed (per 10,000). This is greater than the New York Metro value of 1.4 and also the same as the national value of 4.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Peekskill is 17.7%, which is higher than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Peekskill homeowners underwater on their mortgage is 26.6%, which is higher than New York Metro at 14.7%.

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Relative ZHVI
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Peekskill Market Overview

Data through Sep 30, 2014
  • $256,700 ZHVI
  • 1.2% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Sep 30, 2015)
  • $238,000 Median listing price
  • $222,941 Median sale price (Jul 31, 2014)
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Peekskill Market Health

Data through Sep 30, 2014
  • 0.9/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 26.6% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 17.7% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

4 homes Peekskill
1.4 homes New York Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Croton-on-Hudson $463,000
Crompond $386,400
Cortlandt Manor $337,400
Name Median ZHVI
Thiells $324,800
Shrub Oak $319,900
Town of Stony Point $313,400
Name Median ZHVI
Lake Mohegan $304,400
West Haverstraw $225,900
Highland Falls $210,500

Listings & Sales

Data through Sep 30, 2014
  • $155 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 31.6% Listings with price cut
25.5%
Sold below listing
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Peekskill Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $2,180 Peekskill
    $2,339 New York Metro
    $1,335 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • $1.62 Rent list price / sq ft
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