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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Rhinebeck, NY Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Rhinebeck, NY Housing Market Trends

With a population of 2,684, 1,452 total housing units (homes and apartments), and a median house value of $705,997, Rhinebeck house prices are not only among the most expensive in New York, Rhinebeck real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Rhinebeck, accounting for 57.36% of the village's housing units. Other types of housing that are prevalent in Rhinebeck include duplexes, homes converted to apartments or other small apartment buildings ( 19.90%), large apartment complexes or high rise apartments ( 14.66%), and a few row houses and other attached homes ( 8.09%).

People in Rhinebeck primarily live in small (one, two or no bedroom) single-family detached homes. Rhinebeck has a mixture of owner-occupied and renter-occupied housing.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Rhinebeck's housing was primarily built during this period, from the '40s through the '60s. A full 35.19% of the village's housing hails from this era. Other housing ages represented in Rhinebeck include homes built between 1970-1999 ( 34.30%) and housing constructed before 1939 ( 24.07%). There's also some housing in Rhinebeck built between 2000 and later ( 6.44%).

Rhinebeck Home Appreciation Rates

In the last 10 years, Rhinebeck has experienced some of the highest home appreciation rates of any community in the nation. Rhinebeck real estate appreciated 111.06% over the last ten years, which is an average annual home appreciation rate of 7.76%, putting Rhinebeck in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Rhinebeck definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Rhinebeck's appreciation rate, at 5.79%, has been at or slightly above the national average. In the latest quarter, Rhinebeck's appreciation rate has been 1.15%, which annualizes to a rate of 4.67%.

Relative to New York, our data show that Rhinebeck's latest annual appreciation rate is lower than 60% of the other cities and towns in New York.

Average Home Values

Median Home Value

$705,997

Rhinebeck, NY Home Prices
> $1,440,000
$1,080,001 - $1,440,000
$720,001 - $1,080,000
$576,001 - $720,000
$432,001 - $576,000
$288,001 - $432,000
$144,001 - $288,000
$72,001 - $144,000
$0 - $72,000
0.0%
0.0%
8.0%
8.0%
31.9%
31.9%
36.1%
36.1%
15.4%
15.4%
6.9%
6.9%
0.0%
0.0%
0.0%
0.0%
1.8%
1.8%
0% 100.0%
% of Homes
Very High

for New york

Very High

for nation

Number of Homes And Apartments:

1,452

Rhinebeck Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,293 / per month

Homeownership Rate

Owners
Renters
53.5%
53.5%
46.5%
46.5%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
8.3%
8.3%
91.7%
91.7%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
6.4%
6.4%
34.3%
34.3%
35.2%
35.2%
24.1%
24.1%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
57.4%
57.4%
8.1%
8.1%
19.9%
19.9%
14.7%
14.7%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.7%
1.7%
22.2%
22.2%
38.0%
38.0%
33.0%
33.0%
4.2%
4.2%
0.8%
0.8%
0% 100.0%
% of Homes