Home Values

Town of Poughkeepsie 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 list price per square foot in Town of Poughkeepsie is $128, which is lower than the Poughkeepsie Metro average of $146. The median price of homes currently listed in Town of Poughkeepsie is $204,925 while the median price of homes that sold is $201,800. The median rent price in Town of Poughkeepsie is $1,200, which is lower than the Poughkeepsie Metro median of $1,400.

Foreclosures will be a factor impacting home values in the next several years. In Town of Poughkeepsie 4.8 homes are foreclosed (per 10,000). This is the same as 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 Poughkeepsie is 13.0%, 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 Poughkeepsie homeowners underwater on their mortgage is 28.0%, which is higher than Poughkeepsie Metro at 25.7%.

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Relative ZHVI
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Town of Poughkeepsie Market Overview

Data through Feb 28, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • $204,925 Median listing price
  • No recent data Median sale price
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Town of Poughkeepsie Market Health

Data through Feb 28, 2015
  • No recent data
  • No data Average days on Zillow
  • 28.0% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 13.0% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

4.8 homes(Sep 30, 2014) Town of Poughkeepsie
4.8 homes Poughkeepsie Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
La Grange $273,200
Myers Corner $249,800
Hillside Lake $239,500
Name Median ZHVI
Wappinger $236,700
Town of Pleasant Valley $228,800
Milton $208,700
Name Median ZHVI
Wappingers Falls $196,900
Hyde Park $186,900
Highland $181,400

Listings & Sales

Data through Feb 28, 2015
  • $128 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 11.9% Listings with price cut
27.1%
Sold below listing
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Town of Poughkeepsie Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,727 Town of Poughkeepsie
    $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

  • 3.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,200 Rent list price
  • $1.00 Rent list price / sq ft
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