$9,488 Closing Credit*
$799,000
1,443 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: Compass Greater NY, LLC
Is Armonk, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Armonk was a Buyer'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
$1,400,000
$462/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$99,500(-6.6%)
Key Takeaway
Homes in Armonk have sold for 6.6% less than they did a year ago.
Summary: The median home sold price in Armonk was $1,400,000 in November 2024, down 6.6% from last year, and the median price per square foot was $462.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $525K | - | N/A |
| 2 Bedrooms | $659K | $1.2M | +93.5% |
| 3 Bedrooms | $1.1M | $1.2M | +11.4% |
| 4 Bedrooms | $1.5M | $1.4M | -1.2% |
| 5+ Bedrooms | $2.7M | $3.3M | +20.6% |
Summary: Armonk housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 93.5%, 3 bedroom homes increased by 11.4%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 20.6%.
Median Sold Price Compared To Nearby Cities
| New Castle | $1.2M | $1.3M | +12.5% |
| Chappaqua | $1.3M | $1.4M | +11.2% |
| Mount Pleasant | $791.3K | $855K | +8.0% |
| North Castle | $1.4M | $1.4M | 0.0% |
| Armonk | $1.4M | $1.4M | -6.6% |
Housing Supply in Armonk, NY
How many homes are available in Armonk, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 29 | -23.7% |
Summary: The Armonk real estate market had 29 homes for sale in November 2024, a 23.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 9 | 7 | -22.2% |
| 4 Bedrooms | 16 | 9 | -43.8% |
| 5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The Armonk housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 43.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Armonk, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Armonk in November 2024, down by 33.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 109 Days | 37 Days | -65.4% |
Summary: Homes in Armonk had an average of 37 days on market in Nov 2024, down by 65.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Armonk are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Armonk; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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.