Croton-On-Hudson, NY Housing Market Update: Rates Dip Below 6% as January Sales Slow
Croton-On-Hudson, NY – February 26, 2026 – Mortgage rates slipped to 5.98% (Freddie Mac) as January 2026 sales activity remained light locally, with Redfin reporting a $780K med…
Mortgage rates moved back under 6% this week, which can give spring buyers a little more breathing room on monthly payments. At the same time, available inventory still looks limited, and January closings were light in Croton-on-Hudson, NY.
Quick read: what changed
- Rates: Freddie Mac’s 30-year fixed average was 5.98% (week of Feb. 26).
- Prices & pace: Redfin shows a $780K median sale price in January 2026, with 47 median days on market.
- Supply: Zillow currently shows 26 active listings, keeping choices relatively tight.
Market snapshot (January 2026)
Sales volume was modest: 3 homes sold in January. Redfin also shows the median sale price was down 8.1% year over year. In a market with few closings, a small number of sales can move the median around, so it helps to pair price with other indicators.
One of those indicators is leverage at the negotiating table. Redfin’s sale-to-list ratio was 97.7%, which suggests buyers are negotiating more than they were a year ago—at least based on the homes that actually closed.
What’s for sale nearby
- New-construction condos: listings in the low-to-mid $500Ks up through about $1.05M.
- Single-family homes: several options clustered in the $500K–$900K range.
- Land listings: a small set, from about $150K to about $850K.
For buyers, the combination of slightly lower rates and limited inventory often turns the search into a tradeoff: wait for more options, or move quickly when a home fits. For sellers, the recent sale-to-list ratio and the question of whether price cuts are increasing can be useful signals when deciding on pricing and timing.
What are buyers and sellers seeing right now: more price cuts, or renewed bidding wars?