Home Values

Town of Pine Plains 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

None

  • None 1-year change
  • None 1-year forecast

The median price of homes currently listed in Town of Pine Plains is $274,900. The median rent price in Town of Pine Plains is $1,650, which is higher than the Poughkeepsie Metro median of $1,400.

Foreclosures will be a factor impacting home values in the next several years. In Town of Pine Plains 21.0 homes are foreclosed (per 10,000). This is greater than the Poughkeepsie Metro value of 4.8 and also greater than the national value of 3.9

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 Town of Pine Plains is 14.3%, which is higher than the national value of 6.3%. 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 Town of Pine Plains homeowners underwater on their mortgage is 13.7%, which is lower than Poughkeepsie Metro at 25.7%.

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Relative ZHVI
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Town of Pine Plains Market Overview

Data through Feb 28, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • $274,900 Median listing price
  • No data Median sale price
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Town of Pine Plains Market Health

Data through Feb 28, 2015
  • No recent data
  • No data Average days on Zillow
  • 13.7% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 14.3% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

21 homes(May 31, 2014) Town of Pine Plains
4.8 homes Poughkeepsie Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Washington $286,400
Millbrook $256,000
Milan $250,100
Name Median ZHVI
Stanford $246,300
North East $242,500
Gallatin $210,400
Name Median ZHVI
Taghkanic $207,900
Town of Amenia $201,300
Copake $197,900

Listings & Sales

Data through Feb 28, 2015
  • $161 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 9.5% Listings with price cut
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Town of Pine Plains Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,661 Town of Pine Plains
    $1,834 Poughkeepsie Metro
    $1,355 United States

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

  • 2.9 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 recent data Rent list price
  • No recent data Rent list price / sq ft
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