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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Poughkeepsie, NY Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q3 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2021 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Poughkeepsie, NY Housing Market Trends

With a population of 32,010, 13,815 total housing units (homes and apartments), and a median house value of $294,418, Poughkeepsie real estate prices are well above average cost compared to national prices.

Duplexes, homes converted to apartments or other small apartment buildings are the single most common housing type in Poughkeepsie, accounting for 34.82% of the city's housing units. Other types of housing that are prevalent in Poughkeepsie include large apartment complexes or high rise apartments ( 32.85%), single-family detached homes ( 26.12%), and a few row houses and other attached homes ( 5.97%). Cities with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact cities that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.

People in Poughkeepsie primarily live in small (one, two or no bedroom) units, chiefly found in duplexes, homes converted to apartments or other small apartment buildings. Poughkeepsie has a mixture of owner-occupied and renter-occupied housing.

The housing in Poughkeepsie was primarily built before 1939 ( 40.59%), making the housing stock in Poughkeepsie some of the oldest overall in America, although there is a range of ages of homes in Poughkeepsie. The next most important housing age is between 1940-1969 ( 28.72%), followed by between 1970-1999 ( 23.96%). There's also some housing in Poughkeepsie built between 2000 and later ( 6.74%).

Poughkeepsie Home Appreciation Rates

Real estate appreciation rates in Poughkeepsie's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.42% during the period.

Over the last year, Poughkeepsie appreciation rates have trailed the rest of the nation. In the last twelve months, Poughkeepsie's appreciation rate has been -1.39%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Poughkeepsie were at 2.21%, which equates to an annual appreciation rate of 9.12%.

Relative to New York, our data show that Poughkeepsie's latest annual appreciation rate is lower than 90% of the other cities and towns in New York.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Poughkeepsie differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Poughkeepsie - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Poughkeepsie real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$294,418

Poughkeepsie, NY Home Prices
> $1,360,000
$1,021,001 - $1,360,000
$680,001 - $1,021,000
$544,001 - $680,000
$408,001 - $544,000
$272,001 - $408,000
$136,001 - $272,000
$68,001 - $136,000
$0 - $68,000
1.2%
1.2%
0.3%
0.3%
2.5%
2.5%
2.8%
2.8%
13.5%
13.5%
27.2%
27.2%
42.0%
42.0%
6.2%
6.2%
4.3%
4.3%
0% 100.0%
% of Homes
Average

for New york

High

for nation

Number of Homes And Apartments:

13,815

Poughkeepsie Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,960 / per month

Homeownership Rate

Owners
Renters
Vacant
36.0%
36.0%
64.0%
64.0%
7.5%
7.5%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
6.7%
6.7%
24.0%
24.0%
28.7%
28.7%
40.6%
40.6%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
26.1%
26.1%
6.0%
6.0%
34.8%
34.8%
32.9%
32.9%
0.1%
0.1%
0.2%
0.2%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
6.4%
6.4%
23.9%
23.9%
31.0%
31.0%
29.0%
29.0%
7.5%
7.5%
2.1%
2.1%
0% 100.0%
% of Homes