Cities with the fastest growing home prices in Poughkeepsie metro area

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November 23, 2022
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Cities with the fastest growing home prices in Poughkeepsie metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Poughkeepsie-Newburgh-Middletown, NY metro area using data from Zillow. Cities are ranked by 1-year price change as of September 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. All 22 cities and towns with data available were included in the list.

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Stacker

#22. Millerton, Millerton

- 1-year price change: +$30,217 (+8.2%)
- 5-year price change: +$137,047 (+52.2%)
- Typical home value: $399,673 (#12 most expensive city in metro)
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Stacker

#21. Port Jervis, Port Jervis

- 1-year price change: +$33,353 (+14.3%)
- 5-year price change: +$123,253 (+86.0%)
- Typical home value: $266,611 (#22 most expensive city in metro)
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Stacker

#20. Harriman, Harriman

- 1-year price change: +$33,704 (+12.3%)
- 5-year price change: +$112,896 (+57.9%)
- Typical home value: $307,943 (#19 most expensive city in metro)
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#19. Wappingers Falls, Wappingers Falls

- 1-year price change: +$34,155 (+8.6%)
- 5-year price change: +$152,916 (+55.2%)
- Typical home value: $429,941 (#7 most expensive city in metro)
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Stacker

#18. Dover Plains, Dover Plains

- 1-year price change: +$37,229 (+11.1%)
- 5-year price change: +$134,150 (+56.3%)
- Typical home value: $372,271 (#16 most expensive city in metro)

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Stacker

#17. Maybrook, Maybrook

- 1-year price change: +$37,663 (+15.2%)
- 5-year price change: +$121,113 (+73.4%)
- Typical home value: $286,044 (#21 most expensive city in metro)
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#16. Millbrook, Millbrook

- 1-year price change: +$40,422 (+8.1%)
- 5-year price change: +$166,279 (+44.5%)
- Typical home value: $540,005 (#2 most expensive city in metro)
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Stacker

#15. Tivoli, Tivoli

- 1-year price change: +$41,215 (+10.6%)
- 5-year price change: +$170,930 (+66.2%)
- Typical home value: $429,319 (#8 most expensive city in metro)
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Stacker

#14. Otisville, Otisville

- 1-year price change: +$41,322 (+12.2%)
- 5-year price change: +$155,509 (+68.9%)
- Typical home value: $381,191 (#14 most expensive city in metro)
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#13. Unionville, Unionville

- 1-year price change: +$46,193 (+18.3%)
- 5-year price change: +$103,444 (+53.0%)
- Typical home value: $298,514 (#20 most expensive city in metro)

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#12. Walden, Walden

- 1-year price change: +$46,768 (+14.2%)
- 5-year price change: +$157,120 (+71.6%)
- Typical home value: $376,654 (#15 most expensive city in metro)
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#11. Middletown, Middletown

- 1-year price change: +$47,208 (+15.0%)
- 5-year price change: +$166,263 (+84.9%)
- Typical home value: $362,186 (#18 most expensive city in metro)
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#10. Highland Falls, Highland Falls

- 1-year price change: +$49,475 (+15.6%)
- 5-year price change: +$146,800 (+66.9%)
- Typical home value: $366,285 (#17 most expensive city in metro)
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#9. Staatsburg, Staatsburg

- 1-year price change: +$49,668 (+13.2%)
- 5-year price change: +$173,469 (+68.9%)
- Typical home value: $425,067 (#9 most expensive city in metro)
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#8. Hopewell Junction, Hopewell Junction

- 1-year price change: +$50,172 (+10.5%)
- 5-year price change: +$176,162 (+50.0%)
- Typical home value: $528,758 (#3 most expensive city in metro)

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#7. Greenwood Lake, Greenwood Lake

- 1-year price change: +$51,148 (+15.5%)
- 5-year price change: +$156,194 (+69.1%)
- Typical home value: $382,155 (#13 most expensive city in metro)
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#6. Florida, Florida

- 1-year price change: +$52,227 (+14.1%)
- 5-year price change: +$159,645 (+60.9%)
- Typical home value: $421,966 (#10 most expensive city in metro)
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#5. Fort Montgomery, Fort Montgomery

- 1-year price change: +$57,084 (+14.4%)
- 5-year price change: +$159,645 (data not available)
- Typical home value: $452,556 (#6 most expensive city in metro)
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#4. Beacon, Beacon

- 1-year price change: +$57,632 (+12.6%)
- 5-year price change: +$186,397 (+56.7%)
- Typical home value: $515,141 (#4 most expensive city in metro)
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#3. Cornwall on Hudson, Cornwall on Hudson

- 1-year price change: +$58,584 (+14.2%)
- 5-year price change: +$175,549 (+59.2%)
- Typical home value: $472,071 (#5 most expensive city in metro)

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#2. Bloomingburg, Bloomingburg

- 1-year price change: +$66,859 (+19.2%)
- 5-year price change: +$175,549 (data not available)
- Typical home value: $414,438 (#11 most expensive city in metro)
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Stacker

#1. Tuxedo Park, Tuxedo Park

- 1-year price change: +$139,819 (+12.3%)
- 5-year price change: +$408,770 (+47.1%)
- Typical home value: $1,277,002 (#1 most expensive city in metro)

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