Market Report NY - Hudson Valley Full Year 2024

Market Overview At A Glance

HUDSON VALLEY

The Hudson Valley regional housing market—encompassing Columbia, Greene, Dutchess, and Ulster counties—experienced substantial growth in 2024. Increased demand, driven by population growth, job opportunities, and shifting lifestyle preferences, resulted in a double-digit rise in home prices.

For a deeper dive into local market trends, this report provides a detailed breakdown by county and town.

The Hudson Valley remains a highly desirable location, known for its breathtaking landscapes, quaint small towns, and diverse cultural attractions. From outdoor recreation and historic sites to farm-to-table dining, performing arts, and a growing film industry, the region offers a unique blend of natural beauty and vibrant community life. Its proximity to New York City continues to attract buyers from the tri-state area seeking a quieter lifestyle, more space, and access to nature—without sacrificing urban accessibility.

Looking Ahead to 2025

As we enter 2025, the market is expected to maintain its momentum, with growth levels similar to those seen in 2024. However, as more inventory becomes available, pricing will be a key factor for sellers looking to close deals efficiently, particularly in the luxury market segment.

The Hudson Valley continues to attract a diverse mix of buyers, including young professionals, families, and retirees, fueled in part by the rise of remote work. With its strong economy, high quality of life, and accessibility to New York City, the region is well-positioned for continued real estate growth in the coming years.