Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$504,887+5.7% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 18% have cut their price
Income needed to buy, per year$109,449About 1.2× the local median income ($94,933): a stretch for a typical household
Days on market54 daysAbout the same pace as a year ago
The typical home in Dutchess County, NY is worth $504,887, up 5.7% from a year ago. That is well above what local incomes have historically supported: fair value is about $402,979, so the area is 25.3% overvalued. It is a balanced market, leaning toward buyers: homes take about 54 days to sell, listings are up 14% from a year ago, 18% of listings have had a price cut. A household needs about $109,449 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $94,933. Typical rent is $2,195 a month, or $2,977 for a house. In the latest IRS figures, 306 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$504,887
Change in 1 year
+5.7%
Overvalued %
+25.3%
Show 6 more
Fair home value
$402,979
Change in 5 years
+34.8%
Home value to income
5.3×
Monthly mortgage payment (20% down)
$2,736
Income needed to afford it
$109,449
Property tax rate
1.89%
Rent and investing
Typical rent
$2,195
Typical rent for houses
$2,977
Price-to-rent ratio
19.2×
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HUD Fair Market Rent, 2 bedrooms
$2,131
Gross rental yield
5.22%
Cap rate (estimate)
3.39%
Market activity
Listings vs a year ago
+14.0%
Days on market
54
Listings with a price cut
17.8%
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Homes for sale
950
Pending sales per 100 listings
10
Asking price per sq ft
$282
People and jobs
Median household income
$94,933
Population change (1 year)
+0.5%
Unemployment rate
5.2%
Show 4 more
Population
300,708
Income adjusted for cost of living
$86,776
Net moves in (IRS)
−306
Cost of living (US = 100)
109.4
Schools, risk and environment
School rating (1 to 10)
5.6
FEMA hazard risk score (0 to 100)
88.3
Unhealthy air days a year
3
Show 4 more
Flood risk score
92.4
Wildfire risk score
57.3
Walkability (1 to 20)
6.9
Road, rail and air noise
53 dB
Questions people ask
Is Dutchess County, NY overvalued?
Home prices in Dutchess County, NY are well above what local incomes have historically supported: fair value is about $402,979, so the area is 25.3% overvalued.
Is Dutchess County, NY a buyer's or seller's market?
Dutchess County, NY is a balanced market, leaning toward buyers: homes take about 54 days to sell, listings are up 14% from a year ago, 18% of listings have had a price cut.
Are home prices going down in Dutchess County, NY?
Home values in Dutchess County, NY are up 5.7% over the last year.
How much do you need to earn to buy a home in Dutchess County, NY?
A household needs about $109,449 a year to afford the typical home in Dutchess County, NY at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $94,933.