Peekskill is one of the older River towns in Westchester County. I have blogged about Peekskill before, and I have done quite a bit of business there. It is by far the northernmost city in Westchester county, and in addition to being affordable, the quality of life there seems to improve by the week. This is the market data for May of 2010 for single family homes in Peekskill, and all information is sourced from the Westchester-Putnam MLS.
Prices are down quite a bit here, from a median price in May of 2009 of $440,500 to a mere $255,000. There were only 2 transaction in each month, which might not be considered a representative sample, but there are also 16 homes under contract and their median asking price is $297,000. 63 homes are actively for sale.
The last year that the median price in Peekskill was below $300,000 was 2003. Now is a god time to buy real estate in Peekskill. Get yourself a free Listingbook account and check out homes for sale in Peekskill.