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Cities with the most expensive homes in the Poughkeepsie metro area

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scarp577 // Shutterstock
scarp577 // Shutterstock

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.

The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

compiled a list of cities with the most expensive homes in the Poughkeepsie metro area using data from . Charts show the monthly typical home value since January 2018. All 21 cities and towns with data available were included in the list.

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#21. Port Jervis, NY

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#21. Port Jervis, NY

- Typical home value: $322,746
- 1-year price change: +1.4%
- 5-year price change: +35.9%

#20. Maybrook, NY

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#20. Maybrook, NY

- Typical home value: $326,102
- 1-year price change: +1.8%
- 5-year price change: +35.5%

#19. Unionville, NY

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#19. Unionville, NY

- Typical home value: $348,049
- 1-year price change: +6.0%
- 5-year price change: +41.8%

#18. Harriman, NY

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#18. Harriman, NY

- Typical home value: $383,876
- 1-year price change: +2.9%
- 5-year price change: +27.8%

#17. Middletown, NY

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#17. Middletown, NY

- Typical home value: $417,808
- 1-year price change: +4.2%
- 5-year price change: +38.1%

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#16. Walden, NY

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#16. Walden, NY

- Typical home value: $420,739
- 1-year price change: +2.7%
- 5-year price change: +34.1%

#15. Highland Falls, NY

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#15. Highland Falls, NY

- Typical home value: $424,043
- 1-year price change: +1.4%
- 5-year price change: +36.6%

#14. Dover Plains, NY

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#14. Dover Plains, NY

- Typical home value: $428,283
- 1-year price change: +4.2%
- 5-year price change: +30.0%

#13. Greenwood Lake, NY

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#13. Greenwood Lake, NY

- Typical home value: $435,512
- 1-year price change: +6.4%
- 5-year price change: +42.3%

#11. Florida, NY

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#11. Florida, NY

- Typical home value: $477,324
- 1-year price change: +4.9%
- 5-year price change: +38.0%

#10. Millerton, NY

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#10. Millerton, NY

- Typical home value: $490,113
- 1-year price change: +7.1%
- 5-year price change: +33.1%

#9. Wappingers Falls, NY

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#9. Wappingers Falls, NY

- Typical home value: $505,989
- 1-year price change: +5.1%
- 5-year price change: +32.7%

#8. Tivoli, NY

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#8. Tivoli, NY

- Typical home value: $508,638
- 1-year price change: +4.1%
- 5-year price change: +44.2%

#6. Washingtonville, NY

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#6. Washingtonville, NY

- Typical home value: $531,613
- 1-year price change: +4.7%
- 5-year price change: +41.3%

#5. Cornwall on Hudson, NY

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#5. Cornwall on Hudson, NY

- Typical home value: $558,672
- 1-year price change: +5.1%
- 5-year price change: +40.7%

#4. Beacon, NY

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#4. Beacon, NY

- Typical home value: $569,645
- 1-year price change: +6.7%
- 5-year price change: +38.1%

#3. Hopewell Junction, NY

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#3. Hopewell Junction, NY

- Typical home value: $597,460
- 1-year price change: +5.0%
- 5-year price change: +31.1%

#1. Tuxedo Park, NY

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#1. Tuxedo Park, NY

- Typical home value: $1,352,391
- 1-year price change: +8.9%
- 5-year price change: +50.7%