Wingdale, NY 12594 Real Estate Market Report

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.

Market Metrics

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

Property Taxes

Liquidity & Velocity

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

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

Key Findings

1. The primary market value indicator is the $340,000 median sold price, which, combined with a reported price year-over-year trend of up, suggests modest appreciation in recent transactions while reflecting realized sale levels rather than asking-price dynamics.
2. The 365 median days on market points to slower sales velocity and longer listing lifecycles, which—when read alongside relatively constrained active supply in the analyzed sample—suggests pricing friction and cautious buyer-seller negotiation rather than rapid turnover; this appears consistent with a neutral market temperature.
3. Rental fundamentals show a $2,950 median market rent and a rent year-over-year trend of up, indicating strengthening rental demand that may absorb some owner-market pressure; at the same time, elevated interest rate pressure (current 30-year fixed mortgage rates averaging approximately 6.63%) is a headwind to affordability and likely sustaining buyer negotiation leverage (elevated).
4. Valuation context is reinforced by a $288 median price per square foot, which provides a reference for comparative pricing and underwriting; given the neutral market temperature and elevated interest rates, expect continued pricing sensitivity and negotiation around offers rather than uniformly rising list-to-sale outcomes (neutral).

Notable Properties

The following 3 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.