Some of the homes might not look like much but sometimes it is all about LOCATION!

During the early days of the COVID-19 pandemic, it was fairly easy to purchase a home. Prices were fair and interest rates were extremely low. Fast forward 3 years and both housing prices and interest rates have increased significantly. Some places in New York are more expensive to own a home in than others.

Buying a Home in New York

Whether you're looking to move to the Hudson Valley region of New York or you already live there here are the towns and cities that saw the fastest home value increase.

Owning some real estate in New York has been a good investment for many residents. There are some cities and towns that have significantly higher valued homes than others.

Buying a house in New York State has not been an easy task recently. House prices in many parts of the state have become out of reach due to high prices and high interest rates.

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We recently learned where some of the most costly cities and towns are to live. You can get the full list in the link below.

Read More: Places in New York with the Most Expensive Homes

But where are the expensive cities and towns in the Hudson Valley region? Below is a list of places that had the fastest home value increases within the past 5 years.

Cities and towns in the Poughkeepsie Metro Area that have had the fastest home value increases.

This list might not be much of a surprise to anyone who has been house hunting in the Hudson Valley for the past 3 years.

Places With Quickest Home Value Jump Near Poughkeepsie, New York

Gallery Credit: Stacker

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