Is Lake Peekskill, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Lake Peekskill was a Seller's Market.
Housing Prices in Lake Peekskill, NY
How much do homes in Lake Peekskill, NY cost?
Median Sold Price
$380,000
$323/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Lake Peekskill was $380,000 in May 2024, up 2% from last year, and the median price per square foot was $323.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $295K | - | N/A |
2 Bedrooms | $355K | $362.5K | +2.1% |
3 Bedrooms | $394.9K | $400K | +1.3% |
4 Bedrooms | $540K | $551K | +2.0% |
5+ Bedrooms | - | - | N/A |
Summary: Lake Peekskill housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Cortlandt | $544.2K | $596.7K | +9.6% |
Cortlandt Manor | $537.9K | $580K | +7.8% |
Lake Peekskill | $372.5K | $380K | +2.0% |
Garrison | $650K | $645K | -0.8% |
Philipstown | $649.5K | $635K | -2.2% |
Housing Supply in Lake Peekskill, NY
How many homes are available in Lake Peekskill, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
18 | 13 | -27.8% |
Summary: The Lake Peekskill real estate market had 13 homes for sale in May 2024, a 27.8% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 6 | -33.3% |
3 Bedrooms | 6 | 5 | -16.7% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lake Peekskill housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 2 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Lake Peekskill in May 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Lake Peekskill, NY
How long does it take to sell a home in Lake Peekskill, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
51 Days | 53 Days | +4.1% |
Summary: Homes in Lake Peekskill had an average of 53 days on market in May 2024, up by 4.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Lake Peekskill; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.