$2,672 Closing Credit*
$225,000
1,680 SqFt
3 Beds
•2 Full Baths
Listing Office: Howard Hanna Rand Realty
Is Dutchess County, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Dutchess County was a Seller's Market.
Key Takeaway
Dutchess County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Dutchess County, NY
How much do homes in Dutchess County, NY cost?
Median Sold Price
$439,819
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$33,175(+8.2%)
Key Takeaway
Homes in Dutchess County have sold for 8.2% more than they did a year ago.
Summary: The median home sold price in Dutchess County was $439,819 in October 2024, up 8.2% from last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $190K | $207K | +8.9% |
| 2 Bedrooms | $306.5K | $331.6K | +8.2% |
| 3 Bedrooms | $403.5K | $435K | +7.8% |
| 4 Bedrooms | $500.8K | $545K | +8.8% |
| 5+ Bedrooms | $505.5K | $569K | +12.6% |
Summary: Dutchess County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.9%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 12.6%.
Median Sold Price Compared To Nearby Counties
| Putnam County | $450.2K | $514.5K | +14.3% |
| Ulster County | $387.2K | $427.3K | +10.4% |
| Litchfield County | $324.7K | $356.7K | +9.9% |
| Dutchess County | $406.6K | $439.8K | +8.2% |
| Columbia County | $450K | $455K | +1.1% |
Housing Supply in Dutchess County, NY
How many homes are available in Dutchess County, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1,346 | 1,401 | +4.1% |
Summary: The Dutchess County real estate market had 1,401 homes for sale in October 2024, a 4.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 53 | 50 | -5.7% |
| 2 Bedrooms | 195 | 210 | +7.7% |
| 3 Bedrooms | 586 | 610 | +4.1% |
| 4 Bedrooms | 375 | 394 | +5.1% |
| 5+ Bedrooms | 137 | 137 | 0.0% |
Summary: The Dutchess County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5.7%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 225 | 233 | +3.6% |
Asking Price vs. Sold Price
95 Homes Were Sold
Under Asking
49 Homes Were Sold
At Asking
89 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dutchess County, you may be able to get a good deal. 40.8% of homes here sold below asking price last month.
Summary: A total of 233 homes were sold or pending in Dutchess County in October 2024, up by 3.6% month-over-month. Of the 233 sold homes, 41% were sold under asking, 21% were sold at asking, and 38% were sold over asking.
Days on Market for Dutchess County, NY
How long does it take to sell a home in Dutchess County, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 63 Days | 49 Days | -22.2% |
Summary: Homes in Dutchess County had an average of 49 days on market in Oct 2024, down by 22.2% compared to last year.
Breakdown of Home Sale Times
94 Homes Were Sold
Under 30 Days
100 Homes Were Sold
In 30 - 90 Days
36 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Dutchess County has remained consistent over time.
Summary: During October 2024, 233 homes were sold in Dutchess County; 40% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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Copyright © 2024 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.