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 June 2023

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.

Housing Prices in Greenburgh, NY

How much do homes in Greenburgh, NY cost?

Median Sold Price

$719,041

$395/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$38,529(+5.7%)

Key Takeaway

Homes in Greenburgh have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in Greenburgh was $719,041 in June 2024, up 5.7% from last year, and the median price per square foot was $395.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $205K$207.7K
+1.3%
2 $425K$475K
+11.8%
3 $720K$732.6K
+1.8%
4 $925K$980K
+5.9%
5+ $1.2M$1.4M
+17.7%

Summary: Greenburgh housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.3%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 17.7%.

Median Sold Price Compared To Nearby Cities

Ardsley
+17.5%
Elmsford
+5.8%
Greenburgh
+5.7%
Irvington
+1.4%
Hartsdale
-2.1%

Housing Supply in Greenburgh, NY

How many homes are available in Greenburgh, NY?

Number of Homes For Sale

May 2024Jun 2024CHANGE
517562+8.7%

Summary: The Greenburgh real estate market had 562 homes for sale in June 2024, a 8.7% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 7685
+11.8%
2 116116
0.0%
3 135140
+3.7%
4 107127
+18.7%
5+ 8394
+13.3%

Summary: The Greenburgh housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.8%, 2 bedroom homes remained the same, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 18.7%, and 5+ bedroom homes increased by 13.3%.

Number of Homes Sold

May 2024Jun 2024CHANGE
79101+27.8%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

67 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greenburgh, you could pay more than the asking price. 66.3% of homes here sold above asking price last month.

Summary: A total of 101 homes were sold or pending in Greenburgh in June 2024, up by 27.8% month-over-month. Of the 101 sold homes, 19% were sold under asking, 15% were sold at asking, and 66% were sold over asking.

Days on Market for Greenburgh, NY

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

Average Sale Time

Jun 2023Jun 2024CHANGE
33 Days30 Days-7.1%

Summary: Homes in Greenburgh had an average of 30 days on market in Jun 2024, down by 7.1% compared to last year.

Breakdown of Home Sale Times

72 Homes Were Sold
Under 30 Days

20 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During June 2024, 101 homes were sold in Greenburgh; 71% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 8% 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 26 Days Ago

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