Rhinebeck Real Estate Market Trends
Market Overview for Quarter 3, 2023
Median Sale Price
12.2% YoY
Median Price/Sqft
7.8% YoY
No. of Transactions
-48.5% YoY
County Median Sale Price
7.6% YoY
In Q3, the median home sale price in Rhinebeck was $580K, an increase of 12.2% year-over-year. By contrast, sales activity trended down with 17 deals closed, representing a decline of -48.5% compared to the same period last year. The median price per square foot in Q3 was $346, a change of 7.8% year-over-year, while the median sale price in Dutchess County was $425K.
Top Cities in Dutchess County
| Ranking | City | Median Sale Price |
|---|---|---|
| 1 | Rhinebeck | $580,000 |
| 2 | Red Hook | $575,000 |
| 3 | East Fishkill | $575,000 |
| 4 | Beacon | $537,500 |
| 5 | Wappinger | $438,500 |
| 6 | LA Grange | $435,450 |
| 7 | Beekman | $415,450 |
| 8 | Fishkill | $387,500 |
| 9 | Poughkeepsie | $370,000 |
| 10 | Hyde Park | $359,000 |
Residential Property Types Sold in Rhinebeck
| Property Type | Median Sale Price | Y-o-Y Change | Median Sale Price/Sq. Ft | Y-o-Y Change | Transactions |
|---|---|---|---|---|---|
| Condo | - | - | - | - | 0 |
| House | $580K | 12.2% | $346 | 7.8% | 17 |
The Q3 median sale price for Rhinebeck houses was $580K, increasing 12.2% year-over-year. While the median for houses was trending up, condo prices in Rhinebeck remained flat year-over-year at -.
See also
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