Wingdale, NY 12594 Real Estate Market Report

ZIP Code: 12594
Report Date: April 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of April 2026, the real estate market in Wingdale, NY is characterized by a median sold price of $399,000, reflecting a robust demand for properties in the area. The neighborhood has experienced a price trend that is up, indicating a strengthening market. With a median days on market of 306, the sales velocity appears to be slower, suggesting that while prices are appreciating, properties may be taking longer to sell, which could indicate some pricing friction or buyer hesitance in the current economic climate.

The market is currently exhibiting elevated inventory levels relative to sales activity, contributing to a hot market temperature. The median price per square foot stands at $225.55, which aligns with the overall upward trend in property values. Despite the median market rent of $2,016 showing a down trend year-over-year, the local economy remains stable, supporting continued activity in the real estate sector.

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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 Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Wingdale, NY are averaging 6.46%, which is 0.47% higher than the 5.99% average seen one year ago.

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 median sold price of $399,000 indicates strong market demand, with prices trending up.

2. Properties are taking a median of 306 days on market, suggesting slower sales velocity and potential pricing challenges.

3. The median price per square foot is $225.55, reflecting ongoing price appreciation in the market.

4. Despite a down trend in median market rent at $2,016, demand for rental properties remains present.

5. The market temperature is classified as hot, indicating a competitive environment despite elevated inventory levels.

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Notable Properties

The following 5 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.