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

Housing Market Conditions



Gauge showing Armonk is a buyer's market


Difference Since March 2023

Since last year, Armonk has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Armonk, NY

How much do homes in Armonk, NY cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since March 2023


Key Takeaway

Homes in Armonk have sold for 1.7% less than they did a year ago.

Summary: The median home sold price in Armonk was $1,450,000 in March 2024, down 1.7% from last year, and the median price per square foot was $429.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $470K$525K
2 $560K$895K
3 $1.1M$1.0M
4 $1.6M$1.5M
5+ $2.4M$2.7M

Summary: Armonk housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.7%, 2 bedroom homes increased by 59.8%, 3 bedroom homes decreased by 9.8%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 12.1%.

Median Sold Price Compared To Nearby Cities

North Castle
Mount Pleasant
New Castle

Housing Supply in Armonk, NY

How many homes are available in Armonk, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE

Summary: The Armonk real estate market had 39 homes for sale in March 2024, a 8.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
2 55
3 66
4 1614
5+ 914

Summary: The Armonk housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 55.6%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Armonk, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Armonk in March 2024, down by 28.6% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for Armonk, NY

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

Average Sale Time

Mar 2023Mar 2024CHANGE
189 Days67 Days-64.2%

Summary: Homes in Armonk had an average of 67 days on market in Mar 2024, down by 64.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 5 homes were sold in Armonk; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% 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 24 Days Ago

Newest Listings in Armonk, NY

Nearby Markets to Armonk, NY

What housing markets are near Armonk, NY?