The story of this market
The typical home in Philipstown, New York sells for about $700,000, or $598 per square foot.
Prices are down 8% from a year ago, which gives buyers more room to negotiate. Homes take about 180 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,930 a month.
Monthly price momentum
Home values since 2015
+5.5%
NY · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Philipstown, New York
Philipstown's housing market is characterized by high median home values and a low inventory of available properties, reflecting its status as a desirable, semi-rural enclave. Market activity has seen a cooling trend in terms of price growth compared to previous years, with long days on market suggesting a more balanced environment for buyers. The area remains attractive to affluent commuters and families, though limited supply continues to constrain transaction volume.
No ARED county foreclosure postings attributed to Philipstown yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Median prices moved down 8.0% year over year.
Homes spend a median of 180 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.6% · poverty 6.5% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A vast preserve offering extensive hiking trails and scenic views of the Hudson River, serving as a major draw for residents and visitors.
A waterfront park in Cold Spring providing public access to the Hudson River and space for community recreation.
Philipstown is ideal for commuters seeking a scenic, semi-rural lifestyle with access to NYC via rail, as well as families looking for high-quality schools and outdoor recreation.
The area is served by districts including Haldane Central School District, which is generally well-regarded for its academic performance and community-focused environment.
The area is served by the Metro-North Railroad Hudson Line, providing essential rail access to New York City, alongside major regional roads like U.S. Route 9.
Philipstown offers extensive outdoor amenities, including Hudson Highlands State Park and various riverfront parks like Dockside Park, providing significant hiking, boating, and scenic opportunities.
The rental market is relatively tight with limited inventory, consisting largely of single-family homes and small-scale apartment units in hamlets like Cold Spring.
The local economy is driven by a mix of small businesses, tourism, and professional services, with many residents commuting to larger employment hubs in the NYC metro area.
Development is characterized by a mix of historic preservation and limited new residential construction, with major infrastructure centered on regional transit corridors like the Metro-North Railroad.
Development is largely focused on small-scale residential projects and the preservation of the town's historic character.
Parcels are subject to various special districts, including school districts and local fire protection districts.
Philipstown is situated in a mountainous region along the Hudson River, presenting localized risks related to steep terrain and potential flood exposure in low-lying areas near the riverfront.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (New York) — Income-Based Assessment for Affordable Rental Housing: The assessed valuation must be determined using the income approach based on actual net operating income, excluding subsidies, tax credits, or grants used for development costs. State (New York) — Real Property Tax Assessment: Real property is assessed by local jurisdictions based on a uniform percentage of value. The tax liability is calculated as (Assessed Value * Tax Rate) - Exemptions.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this city's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from US Census Bureau QuickFacts and Data.census.gov profiles.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
County linkage populates as this city's member ZIP reports roster beneath it.
No ZIP intel reports rostered under this city yet — property dossiers roll up through the ZIP tier, so the chain populates as the county refreshes discover them.