$10,000 Closing Credit*
$2,445,000
5,652 SqFt
5 Beds
•5 Full Baths, 1 Partial
Listing Office: Continental Real Estate Group
Is Armonk, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Armonk has remained a Seller's Market.
Key Takeaway
Armonk is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Armonk, NY
How much do homes in Armonk, NY cost?
Median Sold Price
$1,412,500
$460/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$32,500(-2.2%)
Key Takeaway
Homes in Armonk have sold for 2.2% less than they did a year ago.
Summary: The median home sold price in Armonk was $1,412,500 in October 2024, down 2.2% from last year, and the median price per square foot was $460.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $525K | - | N/A |
| 2 Bedrooms | $605K | $1.3M | +119.0% |
| 3 Bedrooms | $1.0M | $1.2M | +13.2% |
| 4 Bedrooms | $1.4M | $1.5M | +3.4% |
| 5+ Bedrooms | $2.7M | $3.2M | +17.6% |
Summary: Armonk housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 119%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 17.6%.
Median Sold Price Compared To Nearby Cities
| New Castle | $1.1M | $1.3M | +16.1% |
| Chappaqua | $1.2M | $1.4M | +15.6% |
| Mount Pleasant | $793.6K | $866.5K | +9.2% |
| North Castle | $1.3M | $1.4M | +4.7% |
| Armonk | $1.4M | $1.4M | -2.2% |
Housing Supply in Armonk, NY
How many homes are available in Armonk, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 47 | 51 | +8.5% |
Summary: The Armonk real estate market had 51 homes for sale in October 2024, a 8.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 11 | 10 | -9.1% |
| 4 Bedrooms | 25 | 24 | -4.0% |
| 5+ Bedrooms | 10 | 15 | +50.0% |
Summary: The Armonk housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Armonk, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Armonk in October 2024, the same as the previous month. Of the 9 sold homes, 33% were sold under asking, 11% were sold at asking, and 56% were sold over asking.
Days on Market for Armonk, NY
How long does it take to sell a home in Armonk, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 115 Days | 46 Days | -59.6% |
Summary: Homes in Armonk had an average of 46 days on market in Oct 2024, down by 59.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Armonk are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in Armonk; 44% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.