Is Shokan, NY 12481 a buyer’s or seller’s market?
Shokan is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Shokan housing market right now
In the three months ending August 31, 2026, 100% of homes in Shokan, NY 12481 sold above their list price, the typical home went under contract in 35 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 67%, homes sold faster (118 days then) and the median sale price rose 25% to $549,762. Overall, Shokan is more competitive than a year ago, so tougher for buyers.
Within Ulster County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in 98%.
Nearby, buyers who want less competition could look at Claryville 12725 (0% sold over asking) or Clintondale 12515 (0% sold over asking).
Run the numbers for 12481
Nearby markets
Accord 12404Balanced $282 /sq ftArkville 12406 — /sq ftBearsville 12409Seller’s market $507 /sq ftBig Indian 12410Buyer’s market $225 /sq ft Browse all markets →Towns like Shokan nearby
Find towns like Shokan in other states →Where Shokan is
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Questions about Shokan real estate
Is Shokan a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Shokan, NY 12481 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Shokan?
The typical home went under contract in 35 days in the latest three months.
Do homes in Shokan sell over asking?
100% of homes sold above their original list price, and the typical sale closed at 104.0% of the list price.
What are property taxes in Shokan?
About 1.77% of a home’s value a year in Ulster County, or roughly $7,080 on a $400,000 home.
What is the median home price in Shokan?
The median sale price was $549,762 in the three months ending August 31, 2026, about $336 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology