Is Bronxville, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Bronxville was a Seller's Market.
Housing Prices in Bronxville, NY
How much do homes in Bronxville, NY cost?
Median Sold Price
$541,250
$389/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Bronxville was $541,250 in May 2024, up 27.4% from last year, and the median price per square foot was $389.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $199K | $195K | -2.0% |
2 Bedrooms | $310K | $361K | +16.5% |
3 Bedrooms | $791.7K | $825K | +4.2% |
4 Bedrooms | $1.4M | $1.3M | -8.5% |
5+ Bedrooms | $2.3M | $2.5M | +6.3% |
Summary: Bronxville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2%, 2 bedroom homes increased by 16.5%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes increased by 6.3%.
Median Sold Price Compared To Nearby Cities
Bronxville | $425K | $541.2K | +27.4% |
Yonkers | $439.6K | $500.3K | +13.8% |
Tuckahoe | $720K | $770K | +6.9% |
Eastchester | $717.2K | $743.7K | +3.7% |
Housing Supply in Bronxville, NY
How many homes are available in Bronxville, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
202 | 220 | +8.9% |
Summary: The Bronxville real estate market had 220 homes for sale in May 2024, a 8.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 42 | 51 | +21.4% |
2 Bedrooms | 53 | 57 | +7.5% |
3 Bedrooms | 32 | 31 | -3.1% |
4 Bedrooms | 29 | 35 | +20.7% |
5+ Bedrooms | 46 | 46 | 0.0% |
Summary: The Bronxville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 21.4%, 2 bedroom homes increased by 7.5%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 20.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 32 | +68.4% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in Bronxville in May 2024, up by 68.4% month-over-month. Of the 32 sold homes, 56% were sold under asking, 19% were sold at asking, and 25% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
72 Days | 79 Days | +9.8% |
Summary: Homes in Bronxville had an average of 79 days on market in May 2024, up by 9.8% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During May 2024, 32 homes were sold in Bronxville; 47% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.