12538 Housing Market Report February 2025•Dutchess County, New York

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Housing Prices in 12538, NY

How much do homes in 12538, NY cost?

Housing Market Conditions

Is 12538, NY a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

12538 is a Neutral Market

Difference Since February 2024

At the same time last year, 12538 was a Buyer's Market.

Insight

12538 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$400,000$233/SqFt
+$35,000
+9.6%

Based on all homes sold in the last 12 months

Insight

Homes in 12538 have sold for 9.6% more than they did a year ago.

Summary: The median home sold price in 12538 was $400,000 in February 2025, up 9.6% from last year, and the median price per square foot was $233.

Median Sold Price By Zip Codes

Median Sold Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
12580
+13.9%
12538
+9.6%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1-$280.5K
N/A
2$259K$342.5K
+32.2%
3$364.2K$400K
+9.8%
4$380K$426.5K
+12.2%
5$439.8K$812.5K
+84.7%

Summary: 12538 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +32.2%. The home price for 3 bedroom homes increased by +9.8%. The home price for 4 bedroom homes increased by +12.2%. The home price for 5 bedroom homes increased by +84.7%.

Housing supply in 12538, NY

How many homes are available in 12538, NY?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
37Last MonthFeb 2025
442 months agoJan 2025
-15.9 %
Change MoMJan – Feb

Summary: The 12538 real estate market had 37 homes for sale in Feb 2025, a 15.9 % decrease compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
6Last MonthFeb 2025
112 months agoJan 2025
-45.5 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
111
0.0%
253
-40.0%
32523
-8.0%
487
-12.5%
553
-40.0%

Summary: 12538 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -40.0%. The inventory for 3 bedroom homes decreased by -8.0%. The inventory for 4 bedroom homes decreased by -12.5%. The inventory for 5 bedroom homes decreased by -40.0%.

Asking Price vs. Sold Price

How much do homes in 12538, NY cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price4 Homes

At Asking Price1 Home

Under Asking Price1 Home

Insight

If you're buying a home in 12538, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in 12538 in February 2025, down by 45.5% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and and 67% were sold over asking.

Days on Market for 12538, NY

How long does it take to sell a home in 12538, NY?

Breakdown of Home Sale Times

Under 30 Days4 Homes

30 – 90 Days2 Homes

Over 90 Days0 Home

Insight

Many homes in 12538 are selling fast, if you're buying plan to act quickly.

Summary: During February 2025, 6 homes were sold in 12538; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
23 DaysThis YearFeb 2025
45 Days1 year agoFeb 2024
-49.6 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in 12538 had an average listing age of 23 days in Feb 2025, down by 49.6% compared to the previous year.

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Newest Listings in 12538, NY

What homes are available in 12538, NY?

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MLS Disclaimers and Copyright

Based on information from OneKey MLS, and Hudson Valley Catskill Region MLS for the period 03/01/2023 - 03/01/2025

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 3/11/2025, 1:11:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Copyright © 2025 Hudson Valley Catskill Region MLS. All rights reserved. Real estate listings of brokerage firms other than Hudson Valley Catskill Region MLS are marked with the IDX logo and the detailed information about them includes the listing broker's name. This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 3/11/2025, 1:15:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.