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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tarrytown is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Tarrytown, NY

How much do homes in Tarrytown, NY cost?

Median Sold Price

$685,555

$406/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$36,055(+5.6%)

Key Takeaway

Homes in Tarrytown have sold for 5.6% more than they did a year ago.

Summary: The median home sold price in Tarrytown was $685,555 in May 2024, up 5.6% from last year, and the median price per square foot was $406.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $245K$240K
-2.0%
2 $550K$645K
+17.3%
3 $850K$862.6K
+1.5%
4 $1.0M$1.1M
+3.7%
5+ $1.2M$1.1M
-12.5%

Summary: Tarrytown 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 17.3%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 12.5%.

Median Sold Price Compared To Nearby Cities

Mount Pleasant
+8.8%
Greenburgh
+6.7%
Tarrytown
+5.6%
Irvington
+5.6%
Sleepy Hollow
-12.5%

Housing Supply in Tarrytown, NY

How many homes are available in Tarrytown, NY?

Number of Homes For Sale

Apr 2024May 2024CHANGE
8388+6.0%

Summary: The Tarrytown real estate market had 88 homes for sale in May 2024, a 6.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 2223
+4.5%
2 3136
+16.1%
3 1212
0.0%
4 86
-25.0%
5+ 1011
+10.0%

Summary: The Tarrytown housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.5%, 2 bedroom homes increased by 16.1%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1719+11.8%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tarrytown, you may be able to get a good deal. 57.9% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Tarrytown in May 2024, up by 11.8% month-over-month. Of the 19 sold homes, 58% were sold under asking, 5% were sold at asking, and 37% were sold over asking.

Days on Market for Tarrytown, NY

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

Average Sale Time

May 2023May 2024CHANGE
43 Days36 Days-14.2%

Summary: Homes in Tarrytown had an average of 36 days on market in May 2024, down by 14.2% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 19 homes were sold in Tarrytown; 58% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 11% 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 1 Day Ago

Newest Listings in Tarrytown, NY

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