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 buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Rye Brook was a Seller's Market.

Key Takeaway

Rye Brook is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Rye Brook, NY

How much do homes in Rye Brook, NY cost?

Median Sold Price

$999,999

$438/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$67,499(+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 $999,999 in October 2024, up 7.2% from last year, and the median price per square foot was $438.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $350K$336.5K
-3.9%
2 $590K$653K
+10.7%
3 $899K$993.4K
+10.5%
4 $1.3M$1.2M
-11.6%
5+ $1.0M$1.3M
+37.3%

Summary: Rye Brook housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.9%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 10.5%, 4 bedroom homes decreased by 11.6%, and 5+ bedroom homes increased by 37.3%.

Median Sold Price Compared To Nearby Cities

Rye
+22.2%
Harrison
+18.1%
Port Chester
+17.2%
Rye Brook
+7.2%
Greenwich
-2.1%

Housing Supply in Rye Brook, NY

How many homes are available in Rye Brook, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3237+15.6%

Summary: The Rye Brook real estate market had 37 homes for sale in October 2024, a 15.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 86
-25.0%
3 813
+62.5%
4 810
+25.0%
5+ 87
-12.5%

Summary: The Rye Brook housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 62.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
104-60.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 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. 100% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Rye Brook in October 2024, down by 60.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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

Oct 2023Oct 2024CHANGE
30 Days18 Days-38.5%

Summary: Homes in Rye Brook had an average of 18 days on market in Oct 2024, down by 38.5% compared to last year.

Breakdown of Home Sale Times

3 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 October 2024, 4 homes were sold in Rye Brook; 75% of homes were sold within 30 days, 25% 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 16 Days Ago

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