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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eastchester is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Eastchester was a Neutral Market.

Key Takeaway

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

Housing Prices in Eastchester, NY

How much do homes in Eastchester, NY cost?

Median Sold Price

$781,875

$465/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$93,541(+13.6%)

Key Takeaway

Homes in Eastchester have sold for 13.6% more than they did a year ago.

Summary: The median home sold price in Eastchester was $781,875 in November 2024, up 13.6% from last year, and the median price per square foot was $465.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $213K$238K
+11.7%
2 $425K$510K
+20.0%
3 $850K$860K
+1.2%
4 $1.2M$1.4M
+15.9%
5+ $2.6M$2.7M
+4.8%

Summary: Eastchester housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.7%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes increased by 4.8%.

Median Sold Price Compared To Nearby Cities

Bronxville
+35.9%
Yonkers
+15.6%
Tuckahoe
+13.8%
Eastchester
+13.6%
New Rochelle
+12.1%

Housing Supply in Eastchester, NY

How many homes are available in Eastchester, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
14393-35.0%

Summary: The Eastchester real estate market had 93 homes for sale in November 2024, a 35.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 3926
-33.3%
2 3626
-27.8%
3 2610
-61.5%
4 2012
-40.0%
5+ 2219
-13.6%

Summary: The Eastchester housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 27.8%, 3 bedroom homes decreased by 61.5%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 13.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2825-10.7%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eastchester, you could pay more than the asking price. 52% of homes here sold above asking price last month.

Summary: A total of 25 homes were sold or pending in Eastchester in November 2024, down by 10.7% month-over-month. Of the 25 sold homes, 36% were sold under asking, 12% were sold at asking, and 52% were sold over asking.

Days on Market for Eastchester, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
42 Days52 Days+24.1%

Summary: Homes in Eastchester had an average of 52 days on market in Nov 2024, up by 24.1% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 25 homes were sold in Eastchester; 52% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 16% 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 13 Days Ago

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