Kerhonkson, NY

Kerhonkson is a small town located in the Hudson Valley region of New York. The population is just over 2,000 people and the median household income is just over $100,000. Kerhonkson has a number of attractions that make it a desirable place to live, including its close proximity to both Albany and New York City.

Real estate in Kerhonkson is very expensive compared to other areas of the country. The average home price in Kerhonkson was $1.2 million as of March 2016, which is more than triple the national average. However, there are a number of reasons why real estate in Kerhonkson remains so expensive. First, Kerhonkson is located in one of the most desirable regions of the country and there are a limited number of homes available for sale. Second, many people who live in Kerhonkson are wealthy professionals who can afford to pay high prices for property. Finally, there is little competition for homes in Kerhonkson which means that sellers can demand high prices from buyers.