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

$270,600

  • 13.9% 1-year change
  • 3.4% 1-year forecast

The median home value in Peekskill is $270,600. Peekskill home values have gone up 13.9% over the past year and Zillow predicts they will rise 3.4% within the next year. The median list price per square foot in Peekskill is $161, 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 $225,000.

Foreclosures will be a factor impacting home values in the next several years. In Peekskill 5.0 homes are foreclosed (per 10,000). This is greater than the New York Metro value of 1.4 and also greater than the national value of 4.3

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%.

Read more
Relative ZHVI
- +

Peekskill Market Overview

Data through Aug 31, 2014
  • $270,600 ZHVI
  • 3.4% 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
    (Aug 31, 2015)
  • $238,000 Median listing price
  • $225,000 Median sale price (Jul 31, 2014)
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Peekskill Market Health

Data through Aug 31, 2014
  • 4.5/10 Stable
    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)

5 homes Peekskill
1.4 homes New York Metro
4.3 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Cities

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

Listings & Sales

Data through Aug 31, 2014
  • $161 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 43.4% Listings with price cut
33.9%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Peekskill Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $2,125 Peekskill
    $2,340 New York Metro
    $1,328 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
  • $1.50 Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading