Pine Plains, NY 12567 Real Estate Market Report

ZIP Code: 12567
Report Date: May 2026
Market Temperature: COLD
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.

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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.

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Market Metrics

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.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates for properties in Pine Plains NY are averaging 6.39%, which reflects the ongoing volatility in the 2026 market environment.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The primary indicator of recent market value is the median sold price of 481,000, which suggests realized transaction levels are below current asking expectations (median listing price 499,000) and may indicate pricing friction between sellers and buyers.

2. The market shows extended time to contract with a median days on market of 304, which implies slower sales velocity and suggests sellers should expect lengthier marketing windows in this cold market environment.

3. Elevated interest rate pressure is an affordability headwind—current 30-year fixed mortgage rates are averaging 6.39% for properties in Pine Plains—which may constrain buyer pool and prolong negotiations; pricing strategies should account for higher financing costs.

4. Rental dynamics are strengthening: the median market rent of 2,750 is rising year-over-year (up), indicating tighter rental supply in the broader county and potential support for investor interest in SFR and condo conversions if financing aligns.

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Notable Properties

The following 4 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.