Lake Peekskill, NY—10537
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lake Peekskill, NY
As of Oct '25, the median home price in Lake Peekskill, NY is $415,000, with a year-over-year change of 4.0%. This indicates that home prices in Lake Peekskill, NY are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $415,000 | 4.0% |
| Single Family | $415,000 | 4.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $385,000 | 3.2% |
3 Bed | $453,000 | 3.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lake Peekskill, NY
As of July '25, Rentcast reports the average rent in Lake Peekskill, NY is $2,820, with a year-over-year rent change of 8.9%. Per bedroom, the median rent as of July '25 in Lake Peekskill, NY is 1-bedrooms: $2,420, 2-bedrooms: $2,960, 3-bedrooms: $3,200. The most common rental property sizes in Lake Peekskill, NY are 3-bedroom and 1-bedroom, accounting for 51.8% and 24.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,850 | $2,820 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,000 | $2,420 |
| 2 Bed Rent | $3,000 | $2,960 |
| 3 Bed Rent | $3,200 | $3,200 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Lake Peekskill, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Lake Peekskill, NY is 68. This is a increase of 40.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $407,000 | -1.0% |
Listing Count | 13 | 282.0% |
| Listings as % of Homes | 0.8% | 282.0% |
Days on Market | 68 | 40.0% |
Demographics — Lake Peekskill, NY
As of the latest ACS Survey released in 2023, Lake Peekskill, NY has a population of 2,420, which has increased by 14.8% over the past 5 years. Lake Peekskill, NY is a moderately popular place for families, as children make up 15.6% of the population. The area has a highly educated workforce, with 51.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,420 | 14.8% |
% Under 18 | 15.6% | -13.8% |
% Seniors | 10.1% | -18.5% |
% WFH | 12.2% | 577.8% |
% w/ College Degree | 51.0% | -18.9% |
As of the latest ACS Survey released in 2023, Lake Peekskill, NY is a predominantly white area, with 80.3% of the population identifying as white. The white population has grown by 37.3% in the last 5 years. The second most common race or ethnicity in Lake Peekskill, NY is hispanic, making up 17.3% of the population. Foreign-born residents account for 10.0% of the population in Lake Peekskill, NY, and this percentage has decreased by 73.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 80.3% | 37.3% |
% Black | 0.1% | -99.6% |
% Hispanic | 17.3% | 124.7% |
% Asian | 2.4% | -57.1% |
% Foreign Born | 10.0% | -73.4% |
Mortgage and Risk — Lake Peekskill, NY
According to HUD data as of 2023, there were 65 mortgage originations in Lake Peekskill, NY, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Lake Peekskill, NY. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 65 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Lake Peekskill, NY
Lake Peekskill, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 11 |
Total Units Section 8 | 11 |
% Rentals under Section 8 | 8.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $1,160 | $2,000 | $3,160 |
| 2 Bedroom | $500 | $3,000 | $3,500 |
| 3 Bedroom | $1,160 | $3,200 | $4,360 |
| 4 Bedroom | N/A | N/A | $4,710 |
Affordability — Lake Peekskill, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $415,000 |
| Median Household Income | $126,000 |