Is Verbank, NY 12585 a buyer’s or seller’s market?
Verbank is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Verbank housing market right now
In the three months ending August 31, 2026, 75% of homes in Verbank, NY 12585 sold above their list price, the typical home went under contract in 24 days and there were 4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 4 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 (190 days then) and the median sale price fell 16% to $714,691. Overall, Verbank is more competitive than a year ago, so tougher for buyers.
Within Dutchess County, homes here sell faster than in 96% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Tivoli 12583 (0% sold over asking) or Stanfordville 12581 (0% sold over asking).
Run the numbers for 12585
Nearby markets
Amenia 12501Buyer’s market $189 /sq ftBarrytown 12507 — /sq ftBeacon 12508Balanced $400 /sq ftChelsea 12512 — /sq ft Browse all markets →Towns like Verbank nearby
Find towns like Verbank in other states →Where Verbank is
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Questions about Verbank real estate
Is Verbank a buyer’s or seller’s market?
A balanced market: there were 4 months of supply in Verbank, NY 12585 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 Verbank?
The typical home went under contract in 24 days in the latest three months.
Do homes in Verbank sell over asking?
75% of homes sold above their original list price, and the typical sale closed at 102.9% of the list price.
What are property taxes in Verbank?
About 1.89% of a home’s value a year in Dutchess County, or roughly $7,560 on a $400,000 home.
What is the median home price in Verbank?
The median sale price was $714,691 in the three months ending August 31, 2026, about $547 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