$4,595,000
12,872 SqFt
6 Beds
•10 Full Baths, 1 Partial
Listing Office: Julia B Fee Sothebys Int. Rlty
Is Rye, 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, Rye was a Neutral Market.
Key Takeaway
Rye is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rye, NY
How much do homes in Rye, NY cost?
Median Sold Price
$2,162,000
$708/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$362,000(+20.1%)
Key Takeaway
Homes in Rye have sold for 20.1% more than they did a year ago.
Summary: The median home sold price in Rye was $2,162,000 in November 2024, up 20.1% from last year, and the median price per square foot was $708.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $250K | $281K | +12.4% |
| 2 Bedrooms | $552.5K | $642.5K | +16.3% |
| 3 Bedrooms | $1.2M | $1.3M | +12.1% |
| 4 Bedrooms | $1.8M | $2.0M | +15.4% |
| 5+ Bedrooms | $2.9M | $3.2M | +10.8% |
Summary: Rye housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.4%, 2 bedroom homes increased by 16.3%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 10.8%.
Median Sold Price Compared To Nearby Cities
| Harrison | $1.1M | $1.4M | +25.6% |
| Rye | $1.8M | $2.1M | +20.1% |
| Port Chester | $638.7K | $757K | +18.5% |
| Rye Brook | $932.5K | $999.4K | +7.2% |
| Greenwich | $1.5M | $1.4M | -6.0% |
Housing Supply in Rye, NY
How many homes are available in Rye, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 60 | 56 | -6.7% |
Summary: The Rye real estate market had 56 homes for sale in November 2024, a 6.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 12 | 9 | -25.0% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 28 | 27 | -3.6% |
Summary: The Rye 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 increased by 16.7%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 3.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 13 | +30.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rye, you could pay more than the asking price. 61.5% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Rye in November 2024, up by 30.0% month-over-month. Of the 13 sold homes, 31% were sold under asking, 8% were sold at asking, and 62% were sold over asking.
Days on Market for Rye, NY
How long does it take to sell a home in Rye, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 17 Days | -35.2% |
Summary: Homes in Rye had an average of 17 days on market in Nov 2024, down by 35.2% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Rye are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in Rye; 77% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% 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.