The Hudson Valley Regional Housing Market Report for fall 2026 shows a stabilizing market where severe bidding wars are cooling, though high home prices and limited inventory continue to challenge affordability.
- Homes are appreciating at a slower, more rational pace.
- Competing offers are down from peak pandemic highs.
- Current mortgage rates for regional lenders in the Hudson Valley average around 6.88% to 7.13% for a standard 30-year fixed loan.
- Inventory is improving slightly, though turnkey homes remain scarce.
Lower Hudson (Westchester / Rockland) median prices remain the highest in the region (Rockland near $850K; Westchester highly active in luxury), and sellers still hold a strong advantage for well-priced homes. Mid-Hudson (Dutchess / Orange / Ulster) is experiencing more market normalization.Turnkey properties sell fast, while homes needing major work sit longer. Rural Markets (Columbia / Greene / Sullivan) are continuing strong post-2019 appreciation driven by remote work and out-of-market buyers.
First-Time Buyers are facing high entry barriers, with repeat buyers dominating 79% of purchases and median first-time buyer age reaching 40.
For sellers, pricing strategy is very important. Overpriced homes face immediate price cuts while move-in-ready well-priced properties move swiftly.
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