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Old Southeast ChurchOld Southeast Church · Photo: Daniel Case · CC BY-SA 3.0
Housing in Southeast

181 homes sold in Southeast in the last year, at a typical $500K

About one sale in 3 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Southeast homes are listed.

Homes sold
181
June 2025 to May 2026
Typical sale price
$500K
houses $632K · condos $387K
Price per square foot
$289
New York $434
Paid vs. asking
101.9%
48% sold over asking
For sale now
36
May 2026 · 16 sold that month
What sold · last 12 months

A third of Southeast’s sales are condos, at $245K less than a house

107 houses and 66 condos sold in the year to May 2026. Condos sell faster. Houses draw more bidding wars.

Houses$632K

typical sale · 107 sold in 12 months

Per square foot
$291NY $316
Days to sell
38
Sold over asking
56%
Listings with a price cut
18%
Condos$387K

typical sale · 66 sold in 12 months

Per square foot
$286NY $832
Days to sell
35
Sold over asking
33%
Listings with a price cut
16%
Fewer sales

Multi-family (2–4 units): 3 sold, typical $443K
Townhouses: 5 sold, typical $463K

Too few sales in 12 months for reliable figures.

10 years of sales

Fewer homes sell than before 2022, at 1.7 times the 2016 price

181 sales in the last year, against 281 in 2021 and a low of 177 in 2023. The typical sale went from $288K in 2016 to $500K.

Homes soldTypical sale price
075150225300$300K$400K$500K$600K2016: 265 sold, typical $288K’162017: 206 sold, typical $274K2018: 189 sold, typical $329K’182019: 199 sold, typical $323K2020: 236 sold, typical $338K’202021: 281 sold, typical $389K2022: 228 sold, typical $409K’222023: 177 sold, typical $477K2024: 186 sold, typical $511K’242025: 177 sold, typical $528KLast 12 months: 181 sold, typical $500KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $500K buys in Southeast

Houseat $291 a sq ft
Condoat $286 a sq ft
The same money in New Yorkat $316 a sq ft

Is this asking price fair?

Check a listing against what Southeast homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 10 years of sales

Bidding wars in Southeast are more common than before the pandemic, but 58% fewer homes come up for sale

We read every month of Southeast’s home sales since 2016 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 181 sales.

If you’re buying in Southeast

  • Shop in July. It brings about 26 new listings a month, close to the busiest month, with fewer bidding wars (34% over asking).
  • Some room to negotiate. 16% of listings cut their price, about as many as before the pandemic.
  • Bid near asking. Buyers paid 101.9% of the list price on average; 48% paid over.
  • You’ll usually have time. Only 7% of homes go under contract within two weeks; the typical one takes 34 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

June has the most new listings (about 30 a month), but August is the most competitive: 42% of August sales close over asking. February has the least competition (23%) but only about 17 new listings.

New listings a monthShare sold over asking
07.51522.53020%40%60%Sweet spotJan: 16 new listings a month, 24% sold over asking, 75 days to sellJFeb: 17 new listings a month, 23% sold over asking, 91 days to sellFMar: 23 new listings a month, 31% sold over asking, 86 days to sellMApr: 26 new listings a month, 41% sold over asking, 76 days to sellAMay: 28 new listings a month, 36% sold over asking, 65 days to sellMJun: 30 new listings a month, 35% sold over asking, 78 days to sellJJul: 26 new listings a month, 34% sold over asking, 56 days to sellJAug: 23 new listings a month, 42% sold over asking, 53 days to sellASep: 20 new listings a month, 37% sold over asking, 66 days to sellSOct: 20 new listings a month, 28% sold over asking, 65 days to sellONov: 13 new listings a month, 35% sold over asking, 62 days to sellNDec: 9 new listings a month, 31% sold over asking, 77 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and hotter than New York

Southeast now2017–192021 peakNY now
Sold over askingShare of sales that closed above the list price48%20%45%41%
Gone within two weeksShare of homes under contract within 14 days7%4%6%26%
Listings with a price cutShare of homes for sale that cut their price16%19%12%20%
Price paid vs. askingAverage sale price ÷ list price101.9%97.5%100.2%101%
Days to sellMedian days from listing to contract34663641
Supply

32 homes for sale on a typical day

That’s 58% fewer than in 2017–19 and well under 2016’s 135.

2016: 135 for sale’162017: 82 for sale2018: 63 for sale2019: 84 for sale’192020: 74 for sale2021: 57 for sale2022: 42 for sale’222023: 32 for sale2024: 29 for sale2025: 32 for sale’25Last 12 months: 32 for saleNow
Room to negotiate

1 in 6 listings has cut its price

16% in the last year, against 19% in 2017–19 and 20% across New York.

2016: 28%’162017: 20%2018: 17%2019: 19%’192020: 14%2021: 12%2022: 18%’222023: 14%2024: 18%2025: 16%’25Last 12 months: 16%Now
Prices by type

Since 2019, houses are up 55%, condos 49%

A house typically sold for $632K in the last year (107 sales), a condo for $387K (66).

$250K$400K$550K$700K201520172019202120232025NowHouses 2015: $358K, 84 salesHouses 2016: $357K, 168 salesHouses 2017: $335K, 115 salesHouses 2018: $398K, 119 salesHouses 2019: $407K, 115 salesHouses 2020: $412K, 150 salesHouses 2021: $466K, 174 salesHouses 2022: $522K, 131 salesHouses 2023: $560K, 121 salesHouses 2024: $596K, 122 salesHouses 2025: $646K, 113 salesHouses last 12 months: $632K, 107 salesHouses $632KCondos 2015: $210K, 55 salesCondos 2016: $219K, 76 salesCondos 2017: $216K, 74 salesCondos 2018: $242K, 51 salesCondos 2019: $259K, 60 salesCondos 2020: $250K, 64 salesCondos 2021: $293K, 88 salesCondos 2022: $305K, 75 salesCondos 2023: $345K, 44 salesCondos 2024: $361K, 50 salesCondos 2025: $389K, 48 salesCondos last 12 months: $387K, 66 salesCondos $387K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across New York

Southeast ranks 240th of 362 busy New York markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Southeast is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2016 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Southeast home costs about $3,494 a month

Mortgage
Property tax
Insurance
Rent

Price: Southeast’s typical sale, last 12 months. Property tax at Southeast’s 2.1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Southeast is affordable on local pay is on Cost of living.

Before you buy in Southeast

Six things worth knowing

30

New listings in June

The month with the most choice. December has the fewest, about 9.

Best time to buy
2.1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $500K home, about $10,610 a year.

Taxes vs. neighbors
C+

Schools

The schools grade for Southeast, from test results, graduation and how much students grow.

Schools in Southeast
34 min

Typical commute

The average one-way trip to work for people who live in Southeast.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot; Peach Lake and Ridgebury for far more

The busier markets within 25 miles of Southeast, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Southeast181$500K$28948%34
Lake Carmel101$440K$30751%46
North Salem45$1M$35629%62
Putnam Lake34$411K$29662%37
Ball Pond30$452K$32557%50
Ridgebury27$1.4M$37563%52
Peach Lake20$591K$36650%38

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Southeast, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Southeast. People who follow the town see it, and so do people comparing Southeast with their own town. No commission, no listing fee.

Questions about buying a home in Southeast

What do homes sell for in Southeast, NY?

181 homes sold in the year to May 2026 at a typical $500K, $289 a square foot. Houses sold for about $632K, condos for about $387K.

Is Southeast a buyer’s or seller’s market?

A seller’s market: 36 homes were for sale in May 2026 and 16 sold, about 2.3 months of supply. Buyers paid 101.9% of asking on average, and 16% of listings cut their price.

When is the best time to buy in Southeast?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Southeast?

About 2.1% of a home’s value a year. On a $500K home that’s near $10,610.

Where can I see homes for sale in Southeast?

Zillow, Redfin, Realtor.com and Homes.com all carry Southeast’s MLS listings; the search links above open each one filtered to Southeast.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).