Is Bronxville, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bronxville is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Bronxville was a Neutral Market.

Key Takeaway

Bronxville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bronxville, NY

How much do homes in Bronxville, NY cost?

Median Sold Price

$567,500

$400/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$131,250(+30.1%)

Key Takeaway

Homes in Bronxville have sold for 30.1% more than they did a year ago.

Summary: The median home sold price in Bronxville was $567,500 in October 2024, up 30.1% from last year, and the median price per square foot was $400.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $190K$197K
+3.7%
2 $342.5K$399.5K
+16.6%
3 $847.5K$775K
-8.6%
4 $1.4M$1.3M
-6.9%
5+ $2.5M$2.5M
0.5%

Summary: Bronxville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.7%, 2 bedroom homes increased by 16.6%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes increased by 0.5%.

Median Sold Price Compared To Nearby Cities

Bronxville
+30.1%
Tuckahoe
+13.1%
Yonkers
+11.7%
Eastchester
+6.7%

Housing Supply in Bronxville, NY

How many homes are available in Bronxville, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
166174+4.8%

Summary: The Bronxville real estate market had 174 homes for sale in October 2024, a 4.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 5863
+8.6%
2 5655
-1.8%
3 1716
-5.9%
4 1715
-11.8%
5+ 1825
+38.9%

Summary: The Bronxville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.6%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes increased by 38.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2430+25.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bronxville, you may be able to get a good deal. 43.3% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in Bronxville in October 2024, up by 25.0% month-over-month. Of the 30 sold homes, 43% were sold under asking, 27% were sold at asking, and 30% were sold over asking.

Days on Market for Bronxville, NY

How long does it take to sell a home in Bronxville, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
71 Days57 Days-18.4%

Summary: Homes in Bronxville had an average of 57 days on market in Oct 2024, down by 18.4% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bronxville are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 30 homes were sold in Bronxville; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

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