“Millerton was always a good business town,” said Lew Saperstein, who ran his family’s five-and-dime until he sold the building in 2018. He remembered assisting Meryl Streep, who lives in Salisbury, back when the actress was a young mother. “She used to shop in my store,” he said. “We’d be elbow to elbow, looking at these Mother Goose children’s shoes.”
What You’ll Pay
With a limited supply of around 400 homes and considerable demand, Millerton’s housing market is, like most everywhere these days, white hot.
“If anything hits under $300,000 and it’s in decent condition, it’s gone,” said Arleen Shepley, associate broker at Elyse Harney Real Estate. “Lately, a lot of our clients are coming from Brooklyn.”
But property in Millerton has long been a relative bargain compared to that in Connecticut — and it remains so. In February 2021, the median list price for a single-family home in Millerton was $422,000, up 69 percent year over year, according to Realtor.com; the median sale price was $320,000.
Currently, there are two homes for sale in the center of the village: a four-bedroom Cape Cod on just over an acre, listed for $370,000, and a two-bedroom, two-bathroom circa-1910 colonial, listed for $240,000. This time last year there were three times as many homes for sale.
“The market is still hot, but there’s a lack of rentals and medium-priced homes,” said Brad Rebillard, the owner of Dutchess Country Realty, who has been selling real estate in the area since 1989. “There are more large vacant land parcels available for sale now.”
One property Mr. Rebillard currently has listed, outside the village in the town of North East, is a combination farm and specialty-income property with a kennel, a rental house and 33 acres to build on, listed for $1.9 million.