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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bronxville is a buyer's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Bronxville, NY

How much do homes in Bronxville, NY cost?

Median Sold Price

$470,000

$379/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$45,000(+10.6%)

Key Takeaway

Homes in Bronxville have sold for 10.6% more than they did a year ago.

Summary: The median home sold price in Bronxville was $470,000 in April 2024, up 10.6% from last year, and the median price per square foot was $379.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $202K$190K
-5.9%
2 $310K$360K
+16.1%
3 $791.7K$760K
-4.0%
4 $1.4M$1.4M
-4.3%
5+ $2.5M$2.5M
-1.0%

Summary: Bronxville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.9%, 2 bedroom homes increased by 16.1%, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes decreased by 1%.

Median Sold Price Compared To Nearby Cities

Bronxville
+10.6%
Yonkers
+10.3%
Tuckahoe
+4.0%
Eastchester
+2.6%

Housing Supply in Bronxville, NY

How many homes are available in Bronxville, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
175196+12.0%

Summary: The Bronxville real estate market had 196 homes for sale in April 2024, a 12.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 3237
+15.6%
2 4752
+10.6%
3 2732
+18.5%
4 2729
+7.4%
5+ 4246
+9.5%

Summary: The Bronxville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 15.6%, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 18.5%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 9.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2419-20.8%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bronxville, you could pay more than the asking price. 47.4% of homes here sold above asking price last month.

Summary: A total of 19 homes were sold or pending in Bronxville in April 2024, down by 20.8% month-over-month. Of the 19 sold homes, 42% were sold under asking, 11% were sold at asking, and 47% 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

Apr 2023Apr 2024CHANGE
61 Days81 Days+33.8%

Summary: Homes in Bronxville had an average of 81 days on market in Apr 2024, up by 33.8% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 19 homes were sold in Bronxville; 53% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 26% 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 9 Days Ago

Newest Listings in Bronxville, NY

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