Is Patterson, NY 12563 a buyer’s or seller’s market?

The Patterson housing market right now

In the three months ending August 31, 2026, 68% of homes in Patterson, NY 12563 sold above their list price, the typical home went under contract in 33 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 23 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 56%, homes sold faster (41 days then) and the median sale price rose 7% to $529,771. Overall, Patterson is more competitive than a year ago, so tougher for buyers.

Within Putnam County, homes here sell more slowly than in 71% of the county’s ZIP codes, and sell more often over asking than in 86%. On our competition score, Patterson ranks #279 of 649 NY ZIP codes with enough sales (score 82 out of 100).

Nearby, buyers who want less competition could look at Garrison 10524 (30% sold over asking) or Cold Spring 10516 (33% sold over asking), while Brewster 10509 (74% sold over asking) is even more competitive.