New Paltz First-Time Homebuyer Report for October

New Paltz is much older than the rest of New York, with a median age of 21. It's much less affluent than average as well, with a median income of $28,383 per household. The New Paltz market is almost exclusively made up of detached houses, which currently account for 100% of the homes for sale in the area. The top school in the city is Akron Middle School.

Price Range

The median value of homes in New Paltz is $241,200, making it one of the most valuable areas in New York. At the same time, the average list price of available homes is presently $293,521. The New Paltz reported another in a series of 30-day periods with zero home sales. New Paltz usually averages 0.2 sales per month.

Wonder which homes are generating the most buzz? Here are the most viewed listings in New Paltz:

$349K  

Typical Dwelling

The typical dwelling in New Paltz is a three-bedroom detached home worth about $269,900. To purchase a similar home, a buyer with good credit and a $53,980 cash down payment could obtain a mortgage with a 3.95% interest rate and a $321 monthly payment. The property tax rate is $22.48 per $1,000 of taxable assessed value.

Get started right now by checking out New Paltz homes for sale or reviewing New Paltz real estate trends.


Data reported through 10/13/2016

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