Is Rye Brook, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rye Brook is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Rye Brook has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Rye Brook, NY

How much do homes in Rye Brook, NY cost?

Median Sold Price

$999,499

$444/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$66,999(+7.2%)

Key Takeaway

Homes in Rye Brook have sold for 7.2% more than they did a year ago.

Summary: The median home sold price in Rye Brook was $999,499 in November 2024, up 7.2% from last year, and the median price per square foot was $444.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $337.5K$336.5K
-0.3%
2 $594.5K$653K
+9.8%
3 $885K$987K
+11.5%
4 $1.4M$1.2M
-12.6%
5+ $1.0M$1.3M
+31.9%

Summary: Rye Brook housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.3%, 2 bedroom homes increased by 9.8%, 3 bedroom homes increased by 11.5%, 4 bedroom homes decreased by 12.6%, and 5+ bedroom homes increased by 31.9%.

Median Sold Price Compared To Nearby Cities

Harrison
+25.6%
Rye
+20.1%
Port Chester
+18.5%
Rye Brook
+7.2%
Greenwich
-6.0%

Housing Supply in Rye Brook, NY

How many homes are available in Rye Brook, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3125-19.4%

Summary: The Rye Brook real estate market had 25 homes for sale in November 2024, a 19.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 53
-40.0%
3 1211
-8.3%
4 66
0.0%
5+ 74
-42.9%

Summary: The Rye Brook 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 decreased by 40%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 42.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rye Brook, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Rye Brook in November 2024, up by 25.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.

Days on Market for Rye Brook, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
29 Days27 Days-5.5%

Summary: Homes in Rye Brook had an average of 27 days on market in Nov 2024, down by 5.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 5 homes were sold in Rye Brook; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in Rye Brook, NY

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