Cities with the most expensive homes in the Poughkeepsie metro area

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scarp577 // Shutterstock
scarp577 // Shutterstock

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.

The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 17, the 30-year fixed mortgage rate sits at 6.95%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

Stacker compiled a list of cities with the most expensive homes in the Poughkeepsie metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 21 cities and towns with data available were included in the list.

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#21. Port Jervis, NY

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#21. Port Jervis, NY

- Typical home value: $322,746
- 1-year price change: +1.4%
- 5-year price change: +35.9%

#20. Maybrook, NY

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#20. Maybrook, NY

- Typical home value: $326,102
- 1-year price change: +1.8%
- 5-year price change: +35.5%

#19. Unionville, NY

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#19. Unionville, NY

- Typical home value: $348,049
- 1-year price change: +6.0%
- 5-year price change: +41.8%

#18. Harriman, NY

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#18. Harriman, NY

- Typical home value: $383,876
- 1-year price change: +2.9%
- 5-year price change: +27.8%

#17. Middletown, NY

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#17. Middletown, NY

- Typical home value: $417,808
- 1-year price change: +4.2%
- 5-year price change: +38.1%

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#16. Walden, NY

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#16. Walden, NY

- Typical home value: $420,739
- 1-year price change: +2.7%
- 5-year price change: +34.1%

#15. Highland Falls, NY

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#15. Highland Falls, NY

- Typical home value: $424,043
- 1-year price change: +1.4%
- 5-year price change: +36.6%

#14. Dover Plains, NY

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#14. Dover Plains, NY

- Typical home value: $428,283
- 1-year price change: +4.2%
- 5-year price change: +30.0%

#13. Greenwood Lake, NY

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#13. Greenwood Lake, NY

- Typical home value: $435,512
- 1-year price change: +6.4%
- 5-year price change: +42.3%

#11. Florida, NY

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#11. Florida, NY

- Typical home value: $477,324
- 1-year price change: +4.9%
- 5-year price change: +38.0%

#10. Millerton, NY

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#10. Millerton, NY

- Typical home value: $490,113
- 1-year price change: +7.1%
- 5-year price change: +33.1%

#9. Wappingers Falls, NY

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#9. Wappingers Falls, NY

- Typical home value: $505,989
- 1-year price change: +5.1%
- 5-year price change: +32.7%

#8. Tivoli, NY

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#8. Tivoli, NY

- Typical home value: $508,638
- 1-year price change: +4.1%
- 5-year price change: +44.2%

#6. Washingtonville, NY

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#6. Washingtonville, NY

- Typical home value: $531,613
- 1-year price change: +4.7%
- 5-year price change: +41.3%

#5. Cornwall on Hudson, NY

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#5. Cornwall on Hudson, NY

- Typical home value: $558,672
- 1-year price change: +5.1%
- 5-year price change: +40.7%

#4. Beacon, NY

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#4. Beacon, NY

- Typical home value: $569,645
- 1-year price change: +6.7%
- 5-year price change: +38.1%

#3. Hopewell Junction, NY

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#3. Hopewell Junction, NY

- Typical home value: $597,460
- 1-year price change: +5.0%
- 5-year price change: +31.1%

#1. Tuxedo Park, NY

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#1. Tuxedo Park, NY

- Typical home value: $1,352,391
- 1-year price change: +8.9%
- 5-year price change: +50.7%