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Red Hook, NY Housing Market Update – What Home Buyers & Sellers Need to Know

The Red Hook NY Housing Market for August 2025 provides insight into the local market.  Whether you are buying or selling real estate, understanding the numbers helps you make smarter and more strategic decisions

Inventory Trends

• At 4.8 months of available inventory, the inventory is down -17.8% month over month, and -16.7% from last year.   This was a signal, fewer homes are available. Buyers may want to act quickly, while sellers could benefit from reduced competition

Sales Activity & Pricing

• Red Hook NY Housing Market for August 2025 revealed 8 sales down -20% compared to last month.  The  median dollar $ per square foot was $318, and the dollar sales volume came in at $5.5 million.
• The sold-to-list price ratio is currently at 99.2%, indicating that homes are selling for close to the asking price. This near-parity suggests that sellers are pricing their homes realistically.  At the same time buyers are willing to meet those prices.
• For buyers, this highlights the importance of making competitive offers, while sellers can feel confident that their pricing strategies are aligned with market expectations.
• The median price came in at $552,500 down -7.5% month over month, a key benchmark providing a benchmark for pricing expectations. Buyers can use this figure to gauge affordability and compare it to their budget.  Sellers on the other hand, can consider it when setting their asking price to attract potential buyers without undervaluing their property
• Meanwhile the median estimated Red Hook property value in August was $ 517,400. This was a small increase of +0.3% from July and up +0.5%  year to year.

• Homes in Red Hook are spending a median of 107 days, compared to 60 days in August 2024, a difference of +78.3%.

 Trends in Red Hook NY housing market during August 2025 

The market trends in Red Hook offers opportunity, but also competition.  Homes are moving steadily and often selling close to the asking price.  Being prepared both financially and strategically, can make all the difference.

Whether you are a first-time homebuyer or someone looking for a bigger home,  understanding the price point can inform your budget and financial options.

Thinking about buying or selling in Red Hook?

📞 Contact Jennifer Fivelsdal | Real Estate Broker of JFIVE Homes Realty | 845-594-9947 | jennifer@jfivehomes.com, for personalized market insight and expert real estate guidance.

*** Data provided by  Realtor Property  Resource LLC (RPR) – Deemed reliable but not guaranteed.