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Milan median home price declines slightly at year’s end

Milan median home price declines slightly at year’s end

A charming cottage with views, 62 Lamoree Road was listed for $655,000 and sold quickly for $825,000 with a Rhinebeck post office and Rhinebeck schools.

Photo by Christine Bates

MILAN — For the four months ending in December 2024 in the Town of Milan there were 13 sales of single-family homes with two over one million dollars and four land sales.

After the recent peak in median prices in August 2021 of $729,000, median home price levels in Milan have declined to stay comfortably above $600,000 since June, 2024, reaching $645,000 in December.

In mid-February, 15 single family homes were for sale. Nine of these were listed above $1 million. Three of them are to be built modern, architect designed residences on Serenity Way. No homes were listed for below $500,000 with six between $529,000 and $995,000.

December

439 Enterprise Road — 2 bedroom/1 bath home on 2.49 acres sold for $410,000.

122 Quarfelt Road — 3 bedroom/2 bath house on 9.49 acres sold for $500,000.

November

281 Battenfeld Road — 3 bedroom/2 bath cape on 3.2 acres sold for $640,000.

56 East Lake Lane — 2 bedroom/1 bath on .57 acres on Spring Lake sold for $525,000.

1601 Route 199 — 3 bedroom/1 bath house sold for $200,000.

1 Hamlet Lane — 2 bedroom/1 bath home on 1.8 acres sold for $260,000.

59-62 Mitchell Lane — renovated 3 bedroom/3 bath house on 40.1 acres sold for $1.2 million.

October

474 Enterprise Road — 3 bedroom/2 bath house sold for $652,500.

968 Academy Hill Road — 3 bedroom/3 bath house on 3.1 acres sold for $1,075,000.

139 Old Knobb Hill Road — 8 bedroom/7 bath estate on 42.8 acres sold for $4.7 million.

September

110 South Road — 2 bedroom/1 bath house on 1.5 acres sold for $135,000.

1645 Route 199 — 4 bedroom/2 bath house sold for $135,000.

257 Milan Hollow Road — 2 bedroom/2 bath house sold for $431,000.

62 Lamoree Road — 3 bedroom/2 bath home sold for $825,000.

*Town of Milan real estate sales recorded between Sept. 1, 2024, and Dec. 31, 2024, sourced from Dutchess County Real Property Tax Service Agency. Information on active listings taken from First Key MLS which may understate available properties. Parcel numbers refer to parcel designation by Dutchess County and may be accessed on Dutchess Parcel Access. Only transfers with consideration are included. Compiled by Christine Bates, Real Estate Advisor with William Pitt Sotheby’s International Realty, Licensed in Connecticut and New York.

Christine Bates

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