Hendrick Hudson School District Real Estate Market

J Philip Faranda April 12, 2010

The Hendrick Hudson School District is located in northwest Westchester County, spanning from the northern tip of the village of Croton on Hudson to the southern part of the city of Peekskill. It includes the village of Buchanan and the hamlets of Montrose, Verplanck and parts of southern Cortlandt Manor. This is River Town country, which means that there are homes and neighborhoods with water views. The area is home to the Indian Point Nuclear power plant and the VA hospital in Montrose. It is served by the Hudson Line of the Metro North railroad.  

On a personal note, Hen Hud High and my alma later played each other in all sports. It should come as no surprise that their mascot is the Sailor. 

There have been 35 single family homes sold in the past 180 days in the Hen Hud school district. The mean and median prices are very similar:

Average Price: $489,662

Median Price: $485,000

17 homes are pending sale or are under contract to be sold. The median asking price is just under $477,000. 

There are a whopping 72 homes actively available for sale in the Hendrick Hudson district, suggesting year’s worth of available inventory, and a significant imbalance between homes for sale and homes sold. The reason may very well be that the average asking price is just under $550,000. Since the average sale price is roughly 95% of asking price, that means that the buying public is waiting for many homes to reduce their prices before they will attract a buyer. 

Hendrick Hudson High School

 

 

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