$2,957 Closing Credit*
$249,000
950 SqFt
2 Beds
•1 Full Bath
#RPLU-5123264400, Kavanagh Phelan, Listing Office: Douglas Elliman Real Estate
Is Bronx County, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Bronx County was a Neutral Market.
Key Takeaway
Bronx County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bronx County, NY
How much do homes in Bronx County, NY cost?
Median Sold Price
$590,000
$348/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$40,000(+7.3%)
Key Takeaway
Homes in Bronx County have sold for 7.3% more than they did a year ago.
Summary: The median home sold price in Bronx County was $590,000 in October 2024, up 7.3% from last year, and the median price per square foot was $348.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $190K | $200K | +5.3% |
| 2 Bedrooms | $325K | $310K | -4.6% |
| 3 Bedrooms | $580K | $615K | +6.0% |
| 4 Bedrooms | $679.5K | $737.5K | +8.5% |
| 5+ Bedrooms | $847K | $885K | +4.5% |
Summary: Bronx County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.3%, 2 bedroom homes decreased by 4.6%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 4.5%.
Median Sold Price Compared To Nearby Counties
| Westchester County | $655.6K | $731K | +11.5% |
| Bergen County | $613.9K | $665K | +8.3% |
| Bronx County | $550K | $590K | +7.3% |
| Queens County | $682.4K | $710.6K | +4.1% |
Housing Supply in Bronx County, NY
How many homes are available in Bronx County, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1,864 | 1,917 | +2.8% |
Summary: The Bronx County real estate market had 1,917 homes for sale in October 2024, a 2.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 391 | 410 | +4.9% |
| 2 Bedrooms | 412 | 414 | 0.5% |
| 3 Bedrooms | 364 | 365 | 0.3% |
| 4 Bedrooms | 182 | 186 | +2.2% |
| 5+ Bedrooms | 515 | 542 | +5.2% |
Summary: The Bronx County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.9%, 2 bedroom homes increased by 0.5%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 5.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 185 | 145 | -21.6% |
Asking Price vs. Sold Price
61 Homes Were Sold
Under Asking
46 Homes Were Sold
At Asking
38 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bronx County, you may be able to get a good deal. 42.1% of homes here sold below asking price last month.
Summary: A total of 145 homes were sold or pending in Bronx County in October 2024, down by 21.6% month-over-month. Of the 145 sold homes, 42% were sold under asking, 32% were sold at asking, and 26% were sold over asking.
Days on Market for Bronx County, NY
How long does it take to sell a home in Bronx County, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 69 Days | 64 Days | -8.4% |
Summary: Homes in Bronx County had an average of 64 days on market in Oct 2024, down by 8.4% compared to last year.
Breakdown of Home Sale Times
48 Homes Were Sold
Under 30 Days
53 Homes Were Sold
In 30 - 90 Days
25 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Bronx County has remained consistent over time.
Summary: During October 2024, 145 homes were sold in Bronx County; 33% of homes were sold within 30 days, 37% 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. 
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Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. 
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.