Home Values

Town of Rhinebeck 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

$295,800

  • 5.8% 1-year change
  • 2.5% 1-year forecast

The median home value in Town of Rhinebeck is $295,800. Town of Rhinebeck home values have gone up 5.8% over the past year and Zillow predicts they will rise 2.5% within the next year. The median list price per square foot in Town of Rhinebeck is $230, which is higher than the Poughkeepsie Metro average of $149. The median price of homes currently listed in Town of Rhinebeck is $389,900 while the median price of homes that sold is $254,000. The median rent price in Town of Rhinebeck is $1,700, which is higher than the Poughkeepsie Metro median of $1,500.

Foreclosures will be a factor impacting home values in the next several years. In Town of Rhinebeck 2.5 homes are foreclosed (per 10,000). This is lower than the Poughkeepsie Metro value of 4.5 and also lower than 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 Town of Rhinebeck is 7.6%, 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 Town of Rhinebeck homeowners underwater on their mortgage is 11.3%, which is lower than Poughkeepsie Metro at 26.6%.

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Relative ZHVI
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Town of Rhinebeck Market Overview

Data through Sep 30, 2014
  • $295,800 ZHVI
  • 2.5% 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)
  • $389,900 Median listing price
  • No recent data Median sale price
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Town of Rhinebeck Market Health

Data through Sep 30, 2014
  • 6.6/10 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
  • 11.3% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 7.6% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

2.5 homes(Feb 28, 2014) Town of Rhinebeck
4.5 homes Poughkeepsie Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Clinton $279,100
Milan $253,200
Town of Red Hook $251,600
Name Median ZHVI
Hyde Park $183,300
Port Ewen $173,000
Ulster $162,800
Name Median ZHVI
Lake Katrine $152,100
Kingston $143,000
Lincoln Park $130,600

Listings & Sales

Data through Sep 30, 2014
  • $230 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 38.3% Listings with price cut
10.8%
Sold below listing
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Town of Rhinebeck Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $1,907 Town of Rhinebeck
    $1,771 Poughkeepsie 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

  • 4.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,700 Rent list price
  • $1.22 Rent list price / sq ft
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