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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenburgh is a seller's market

Buyer's
Market

Difference Since December 2020

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

Key Takeaway

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

How much do homes in Greenburgh, NY cost?

Median Sold Price

$627,666

$333/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$4,223(+0.7%)

Key Takeaway

Homes in Greenburgh have sold for 0.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $190K$199.5K
+5.0%
2 $412.5K$397.4K
-3.6%
3 $635.5K$660K
+3.9%
4 $771K$840K
+8.9%
5+ $1.1M$1.1M
-4.6%

Median Sold Price Compared To Nearby Cities

Irvington
+15.2%
Ardsley
+5.2%
Greenburgh
+0.7%
Elmsford
0.5%
Hartsdale
-10.4%

How many homes are available in Greenburgh, NY?

Number of Homes For Sale

Nov 2021Dec 2021%
647600-7.3%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 126123
-2.4%
2 142136
-4.2%
3 164143
-12.8%
4 134122
-9.0%
5+ 8176
-6.2%

Number of Homes Sold

Nov 2021Dec 2021%
107136+27.1%

Asking Price vs. Sold Price

68 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

47 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greenburgh, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Dec 2020Dec 2021%
44 Days56 Days+25.6%

Breakdown of Home Sale Times

54 Homes Were Sold
Under 30 Days

56 Homes Were Sold
In 30 - 90 Days

26 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Greenburgh has remained consistent over time.

About Greenburgh, NY

Greenburgh, NY has 600 homes for sale to choose from. Between November 2021 and December 2021, Greenburgh, NY real estate market has seen decrease in the number of listings by 7.3%. In December 2021, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $627,666. Between November 2021 and December 2021, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 5%, prices of 2 bedrooms properties went down by 3.6%, the cost of 3 bedrooms properties went up by 3.9%, 4 bedrooms properties prices increased by 8.9%, 5 bedrooms properties prices decreased by 4.6%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory decreased by 2.4%, 2 bedrooms homes inventory decreased by 4.2%, the quantity of 3 bedrooms homes went down by 12.8%, number of 4 bedrooms homes decreased by 9%, 5 bedrooms homes inventory decreased by 6.2%. In December 2021 more than 47 listings in Greenburgh, NY were sold above the asking price. During the same period more than 21 listings were sold at asking price, while more than 68 were sold below.

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