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Pine Plains median home price holds steady at $520K

Pine Plains median home price holds steady at $520K

This ranch at 553 Lake Road overlooks Twin Island Lake and has a private dock. Built in 1985 on 3.7 acres, the home was listed June 5, went under contract Aug. 7 and sold Sept. 25 for $640,000.

Photo by Christine Bates

PINE PLAINS — The median sale price of a single-family home in Pine Plains was $520,000 for the 12 months ending Sept. 30, unchanged from a year earlier and up 46% from $357,000 two years ago.

The median remained below the record $624,250 reached in November 2025. The town’s rolling 12-month median has stayed at or above $500,000 for the past year.

A total of 15 single-family homes sold during the 12-month period, compared with 16 a year earlier and 11 for the same timeframe in 2024. Annual sales have ranged from 10 to 18 over the past three years, well below the peak of 40 recorded during the 12 months ending June 2021 amid the COVID-19 pandemic.

At the beginning of November, 18 homes were listed for sale, including 11 with price reductions. Five were listed above $1 million while eight residential properties were asking below the $520,000 median price. Six parcels of land remain listed for sale on the MLS and three commercial buildings.

Transfers

553 Lake Road — 3 bedroom/2.5 bath ranch on 3.7 acres transferred to Alexander Wolf for $640,000.

60 Bowman Road — 3 bedroom/1 bath home built in 1952 on 1 acre of land transferred to Patricia Anne Vincent for $80,000.

18 Wicks Ave. — 4 bedroom/1.5 bath ranch on .86 acres transferred to Tyler Amato for $310,000.

40 Myrtle Ave. — 2,789 square foot commercial building built in 1969 on 0.89 acres transferred to Glarmanagement LLC.

* Town of Pine Plains real estate transfers recorded between Sept. 1, 2026, and Sept. 30, 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.

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