Is Keene, NY 12942 a buyer’s or seller’s market?
Keene is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Keene housing market right now
In the three months ending August 31, 2026, 0% of homes in Keene, NY 12942 sold above their list price, the typical home went under contract in 117 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room 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 was about the same (0% then), homes sold more slowly (77 days then) and the median sale price fell 45% to $547,263. Overall, Keene is less competitive than a year ago, which gives buyers more room.
Within Essex County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Keene Valley 12943 (100% sold over asking) and Wilmington 12997 (67% sold over asking) are even more competitive.
Run the numbers for 12942
Nearby markets
Crown Point 12928Buyer’s market $224 /sq ftElizabethtown 12932Buyer’s market $255 /sq ftEssex 12936Seller’s market $236 /sq ftJay 12941Balanced $234 /sq ft Browse all markets →Where Keene is
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Questions about Keene real estate
Is Keene a buyer’s or seller’s market?
A buyer’s market: there were 9.6 months of supply in Keene, NY 12942 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 Keene?
The typical home went under contract in 117 days in the latest three months.
Do homes in Keene sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.3% of the list price.
What are property taxes in Keene?
About 1.47% of a home’s value a year in Essex County, or roughly $5,880 on a $400,000 home.
What is the median home price in Keene?
The median sale price was $547,263 in the three months ending August 31, 2026, about $324 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