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North East median home price climbs to $525K in July

North East median home price climbs to $525K in July

When the log home at 250 Indian Lake Road, at the corner of Taylor Road, sold in April, its iconic life-sized carved wooden bear left the entrance. The home’s $690,000 price tag matched the trailing 12-month median price for residential properties in the Town of North East outside the Village of Millerton.

Photo by Christine Bates

MILLERTON — The median home price in the Town of North East reached $525,000 for the 12-month period ending July 31 — up 3% from the previous year and a 26.5% jump from $415,000 in July 2024.

Sales activity, however, remains slow. A total of 24 single-family homes changed hands over the past 12 months, down slightly from 26 sales in the prior period. Both years mark a notable drop from the 40 sales recorded during the peak 12-month stretch between August 2023 and July 2024.

The market showed a clear divergence between village and rural properties. Fourteen of the past year’s 24 residential transactions took place within the Village of Millerton, accounting for over half of the town’s total volume. Village homes logged a median price of $410,000, while homes outside the village — typically newer construction on larger acreage — fetched a median price of $690,000.

Inventory going into late summer remained healthy, with 15 active residential listings at the end of August. Eleven of those homes were listed above the $525,000 median, five topped $1 million, and roughly half had undergone price reductions.

Land listings remained steady, with nine active parcels on the MLS, including three large estate lots on Skunks Misery Road ranging from $1.45 million to $3 million, alongside two on McGhee Hill Road offered at $475,000 each. The town’s four active residential rentals were all listed below $3,000 per month.

March

167 Smithfield Road — 3 bedroom/1.5 bath home on 2.1 acres transferred to Joseph Libonati for $542,000.

Boston Corners Road (Parcel # 050410) — 71.9 acres of land transferred to Palumbo Concrete Product for $50,000.

April

250 Indian Lake Road — 2 bedroom/1 bath log home on 1.41 acres transferred to Garrett Thelander for $690,000.

Sharon Station Road (Parcel #652925) — 15.43 acres of vacant land transferred to John Elting.

June

129 Morse Hill — 3 bedroom/3.5 bath home on 32.8 acres transferred to John Hoffman for $1,137,500.

July

34 Maple Ave. — 2 bedroom/1 bath home on 1.15 acres in the Village of Millerton transferred to Harvey Marek for $610,000.

5 Central Ave. — 3 bedroom/1.5 bath home on 0.17 acres in the Village of Millerton transferred to Natalia Zukerman for $449,000.

975 Route 83 — 4 bedroom/2 bath cape on 1 acre transferred to Robert Nathan Trustee for $360,000.

21 Briarwood Lane — 3 bedroom/2.5 bath home on 3.17 acres transferred to Nora Taha for $800,000.

5627 Route 22 — 5 bedroom/2 bath farm house on 3.53 acres transferred to Evan McCormack for $440,000.

84 Beilke Road — 4 bedroom/2 bath home on .78 acres transferred to Michael Clemente for $530,000.

Skunks Misery Road (Parcel # 088727) — 19.4 acres of vacant land transferred to MVT Holdings LLC for $160,000.

Route 22 (Parcel#125564) — 1.09 acres transferred to Prime 22 LLC for $330,000.

*Town of North East real estate transfers recorded between March 1, 2026, and July 31, 2026, not previously reported as sales provided by Dutchess County Office of Real Property. Transfers without consideration are not included. Current market listings from First Key MLS. 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.

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