Red Hook Market Report March 2026: $1.80M Median

Red Hook recorded 1 closed sale in the last 30 days at a median close price of $2.24M. Active inventory stands at 11 listings with a median asking price of $1.80M ($1,063/sqft). Condos dominate at 45% of inventory. 36.4% price reductions among active listings. 2 new listings hit the market this week, while 8 properties are under contract. At current absorption rates, Red Hook has approximately 11 months of supply, making it a buyer's market. As a Red Hook specialist with over 25 years of experience, I track these numbers daily to give my clients a competitive edge. If you are considering buying or selling in Red Hook, call me at (917) 416-7433 for a personalized market analysis.