Real Estate Market Update for 12550 (Newburgh, NY)
Hide / View Video Transcript
Hide / View Video Transcript
Welcome to June's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of June. The number of active listings was up 18% from one year earlier, and down 2% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just over 230-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up more than 150%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 300-thousand dollars. The number of units sold increased 100% year-over-year, and increased 100% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 12550 (Newburgh, NY)
Area Information for 12550 (Newburgh, NY)
  • Population: 55,761
  • Median Age: 33.41 yr
  • Median Commute Time: 18.66 mins
  • Educational Climate*: 3
  • Sales Tax: 8.125%
  • Population Density: 1,606/sq mi
  • Population Change Since 2000: 6.34%
  • Closest Airport: Stewart International
  • Closest College: Mount Saint Mary College
  • Closest Jr. College: Dutchess Community College
  • Median Household Income: $56,194
  • Annual Residential Turnover: 12.36%
  • Median Years in Residence: 2.99 yr
  • Median Home Sales Price: $170,000
  • Closest Major Sports Team: Yankees
  • Change Avg. Household Income Since 2000: 31%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 12550 (Newburgh, NY)
Median Age: 33.41 Married: 29% Number of Households: 18,797 Households with Children: 7,492
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 12550 (Newburgh, NY)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Fostertown Etc Magnet School 0.9 mi Public K-5 3 5
      Gardnertown Fundamental Magnet School 0.9 mi Public PRESCHOOL-5 2 4
      Balmville School 1.8 mi Public K-5 1 4
      Meadow Hill Global Explorations Magnet School 2.0 mi Public K-8 2 3
      Leptondale Christian Academy 2.1 mi Private PRESCHOOL-8 0 4
      Gams High Tech Magnet School 2.3 mi Public K-5 1 4
      Newburgh Free Academy North Campus 2.4 mi Public 9-12 0 0
      Newburgh Free Academy-main Campus 2.4 mi Public 9-12 1 3
      St Francis Pre K Center 2.7 mi Public PRESCHOOL-PRESCHOOL 0 0
      West Street Elementary School 2.7 mi Public K-3 0 0
      Bishop Dunn Memorial 2.8 mi Catholic PRESCHOOL-8 0 4
      Sacred Heart-st. Francis School 3.1 mi Catholic PRESCHOOL-8 0 5
      Horizon-on-the-hudson Magnet School 3.1 mi Public PRESCHOOL-5 1 4
      San Miguel Academy Of Newburgh 3.1 mi Catholic 5-8 0 0
      Newburgh Prekindergarten Center 3.3 mi Public PRESCHOOL-PRESCHOOL 0 0
      South Middle School 3.6 mi Public 6-8 2 3
      Nora Cronin Presentation Academy 3.8 mi Catholic 5-8 0 0
      East Coldenham Elementary School 4.0 mi Public K-5 2-5 5
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: and Onboard Informatics © 2014
      Local Weather for 12550 (Newburgh, NY)
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.