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Beacon, NY 12508 Real Estate Market Report

ZIP Code: 12508
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
31
Active Listings
23
Sold Properties
8

Market Metrics

Median Listing Price
$762,000
Median Sold Price
$499,000
Median Price per Sqft
$373/sqft

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$2,100

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
1.39%

Liquidity & Velocity

Median Days on Market
319
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
down
Market Temperature
neutral
Rent YoY Trend
down
Interest Rate Pressure
moderate

Key Findings

  1. The neighborhood's primary market value indicator is the median sold price: 499,000, which reflects realized transaction levels and should be treated as the most reliable price signal while listing prices may reflect seller expectations. down price momentum is present in the broader trend, reinforcing caution on near-term upside.

  2. There is a meaningful gap between the median listing price: 762,000 and the median sold price, which may indicate pricing friction or seller expectations above recent transaction levels and suggests sellers should temper asking prices to align with realized market values.

  3. Market velocity appears slow based on the median days on market: 319, which suggests slower sales velocity and that sellers may need longer listing periods or pricing adjustments; this slower pace may also mean buyers have time to negotiate.

  4. Supply and demand context is balanced to neutral: the market temperature is neutral and interest rate pressure is moderate, while rents are also trending down, together indicating a balanced buyer-seller dynamic rather than a strongly one-sided market. neutral


Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

10 Beekman St Unit 2, Beacon, NY 12508
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds
3 baths
1,686 sqft
$850,000
Jan 1, 2026
$504/sqft/sqft
1130 days on market
53 Phillips St, Beacon, NY 12508
Premium

Sold above market average

4 beds
2 baths
1,664 sqft
$825,000
Jan 1, 2026
$496/sqft/sqft
166 days on market
49 Teller Ave, Beacon, NY 12508
Market Benchmark

Sold at market average

3 beds
2 baths
1,981 sqft
$705,000
Mar 1, 2026
$356/sqft/sqft
15 Paye Ave, Beacon, NY 12508
Quick Flip

Sold below market average

2 beds
1 baths
2,028 sqft
$670,000
Jan 1, 2026
$330/sqft/sqft
184 days on market
29 Dinan St, Beacon, NY 12508
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds
1 baths
876 sqft
$465,000
Apr 1, 2026
$531/sqft/sqft
361 days on market
4 May Pl, Beacon, NY 12508
Quick Flip

Sold below market average

2 beds
1 baths
1,248 sqft
$371,500
Mar 1, 2026
$298/sqft/sqft
149 Wilkes St, Beacon, NY 12508
Quick Flip

Sold below market average

4 beds
1 baths
1,620 sqft
$367,500
Jan 1, 2026
$227/sqft/sqft
326 days on market
9 Alice St, Beacon, NY 12508
Quick Flip

Sold below market average

2 beds
1 baths
1,000 sqft
$255,000
Mar 1, 2026
$255/sqft/sqft
322 days on market

Beacon, NY 12508 Real Estate Market Report

ZIP Code: 12508
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
11
Active Listings
3
Sold Properties
8

Market Metrics

Median Listing Price
$415,000
Median Sold Price
$595,000
Median Price per Sqft
$354/sqft

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$2,000

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
1.75%

Liquidity & Velocity

Median Days on Market
390

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
down
Market Temperature
neutral
Rent YoY Trend
down
Interest Rate Pressure
moderate

Key Findings

  1. median sold price is the primary indicator of market value and recent transactions in Beacon; however, a numeric median sold price is not available in the provided metrics, so a specific sale-level value cannot be reported for April 2026. use sold transactions for valuation

  2. median price per square foot: 354 signals local pricing strength per unit area while the broader price trend is down, suggesting sellers may need to align expectations with recent transaction-driven pricing

  3. median days on market: 390 points to materially slower sales velocity and significant time-to-contract for representative recent sales, which may indicate pricing friction rather than immediate liquidity

  4. median market rent: 2,000 combined with a rent year-over-year trend that is down and moderate interest rate pressure implies softer rental rate momentum and ongoing financing headwinds that could dampen near-term buyer urgency


Notable Properties

The following 2 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

249 Main St Unit 401, Beacon, NY 12508
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

1 beds
1 baths
1,162 sqft
$599,000
Aug 1, 2025
$515/sqft/sqft
327 days on market
249 Main St Unit 310, Beacon, NY 12508
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

1 beds
1 baths
950 sqft
$590,000
Sep 1, 2025
$621/sqft/sqft
265 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$1,148/mo
12508 Avg Rent
12508 Cost to Own
Rent$2,100
Own$3,248

20% down, 6.5% rate, 1.4% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

12508 Avg nightly rate
12508 Avg occupancy (days/year)
Nightly rate$249/night
Occupancy169 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 4/20/2026

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