12603, Poughkeepsie, NY

Home equity is the difference between the market value of a home and what a homeowner owes on that home. Home prices are the price at which homes are sold in a given area.

In Poughkeepsie, NY, both home equity and home prices have been on the rise for some time now. In fact, according to Zillow, as of January 2019, the median home value in Poughkeepsie was $269,000. This represents an increase of over 10% from where it had been just one year earlier! The reason for this uptick is likely due to several factors: increasing demand from potential buyers (due to low interest rates and other factors), increased construction activity in the area (resulting in more available homes), and strong economic conditions overall.

While there is no guarantee that these trends will continue into 2020 or beyond, it's worth noting that if you're looking to buy or sell a home in Poughkeepsie right now – or soon – you should definitely consider doing so based on current market conditions.