Is Copake Falls, NY 12517 a buyer’s or seller’s market?
Copake Falls is a seller’s market. With about 3.2 months of supply and 100% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Copake Falls housing market right now
In the three months ending August 31, 2026, 100% of homes in Copake Falls, NY 12517 sold above their list price, the typical home went under contract in 24 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, 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 0%, homes sold faster (110 days then) and the median sale price rose 189% to $956,586. Overall, Copake Falls is more competitive than a year ago, so tougher for buyers.
Within Columbia County, homes here sell faster than in 83% of the county’s ZIP codes, and sell more often over asking than in 96%.
Nearby, buyers who want less competition could look at Ancramdale 12503 (0% sold over asking) or Ancram 12502 (0% sold over asking).
Run the numbers for 12517
Nearby markets
Ancram 12502Buyer’s market $303 /sq ftAncramdale 12503Seller’s market $504 /sq ftAusterlitz 12017Seller’s market $349 /sq ftBrainard 12024Seller’s market $195 /sq ft Browse all markets →Where Copake Falls is
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Questions about Copake Falls real estate
Is Copake Falls a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Copake Falls, NY 12517 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 Copake Falls?
The typical home went under contract in 24 days in the latest three months.
Do homes in Copake Falls sell over asking?
100% of homes sold above their original list price, and the typical sale closed at 120.4% of the list price.
What are property taxes in Copake Falls?
About 1.40% of a home’s value a year in Columbia County, or roughly $5,600 on a $400,000 home.
What is the median home price in Copake Falls?
The median sale price was $956,586 in the three months ending August 31, 2026, about $695 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