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real estate

No sign of slowdown in Pine Plains housing market

No sign of slowdown in Pine Plains housing market

Built in 1820, this house at 303 Mount Ross Road illustrates how Pine Plains housing prices have risen since the pandemic. It sold for $540,000 in 2021 and for $800,000 this year.

Photo by Christine Bates

PINE PLAINS — The 12-month trailing median price for a single-family home in the Town of Pine Plains was $528,750 for the period ending Aug. 31, 2026.

The figure marks a 2% increase from the $520,000 median recorded for the 12 months ending Aug. 31, 2025, and a 48% jump from $357,000 for the comparable period ending Aug. 31, 2024. Single family median home prices started rising sharply in Pine Plains at the beginning of last summer. For the last 12 months, median home prices have remained above $500,000.

The number of annual sales on a 12-month trailing basis in Pine Plains remains within its three-year range of 10 to 18 a year. A total of 16 single-family homes were sold in the 12 months ending Aug. 31, 2026, compared with 13 sales in the period ending Aug. 31, 2025, and 11 sales for the same 12 months ending in 2024.

The busiest period in recent times was for the 12 months ending June 30, 2021, when 40 homes were sold during the COVID-19 pandemic.

Inventory of all homes remained stable at the end of September, with 17 homes listed for sale, nine of which showed price reductions. Four are listed above $1 million while seven residential properties are currently on the market below the $528,750 median price. Five parcels of land remain listed for sale on the MLS and three commercial buildings.

August 2026 Recorded Transfers

303 Mount Ross Road — 3 bedroom/1.5 bath home on 0.95 acres transferred to Marguerite Grace Moloney for $800,000.

608 Lake Road — 4 bedroom/2 bath ranch on 2.7 acres with lake frontage transferred to Priyanka Timbio for $850,000.

Route 199 (Dutchess Parcel Access # 625149) — 2.44 acres of vacant rural land transferred to Peter Destler for $92,500.

*Town of Pine Plains real estate transfers recorded between Aug. 1, 2026, and Aug. 31, 2026, provided by Dutchess County Office of Real Property. Transfers without consideration are not included. Current market listings from First Key MLS and single-family home market statistics from InfoSparks. Note that recorded transfers frequently lag sales by a number of days and include properties sold privately. Compiled by Christine Bates, Real Estate Salesperson with William Pitt Sotheby’s International Realty, Licensed in Connecticut and New York.

Christine Bates
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