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 2021

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

$651,583

$365/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$23,083(+3.7%)

Key Takeaway

Homes in Greenburgh have sold for 3.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $200K$205K
+2.5%
2 $396.7K$424.9K
+7.1%
3 $660K$699.4K
+6.0%
4 $840K$875K
+4.2%
5+ $1.1M$1.3M
+16.0%

Median Sold Price Compared To Nearby Cities

Hartsdale
+8.3%
Elmsford
+4.2%
Greenburgh
+3.7%
Ardsley
+2.3%
Irvington
-1.5%

How many homes are available in Greenburgh, NY?

Number of Homes For Sale

Nov 2022Dec 2022%
468403-13.9%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 8679
-8.1%
2 7867
-14.1%
3 136107
-21.3%
4 11296
-14.3%
5+ 5654
-3.6%

Number of Homes Sold

Nov 2022Dec 2022%
8780-8.0%

Asking Price vs. Sold Price

40 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

31 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 2021Dec 2022%
56 Days48 Days-13.1%

Breakdown of Home Sale Times

34 Homes Were Sold
Under 30 Days

32 Homes Were Sold
In 30 - 90 Days

14 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Greenburgh, NY

Greenburgh, NY has 403 homes for sale to choose from. Between November 2022 and December 2022, Greenburgh, NY real estate market has seen decrease in the number of listings by 13.9%. Listings spent 48 days on the market in December 2022, and had a median list price of $651,583 during the same period. From November 2022 through December 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 2.5%, the cost of 2 bedrooms properties went up by 7.1%, prices of 3 bedrooms properties increased by 6%, prices of 4 bedrooms properties increased by 4.2%, 5 bedrooms properties became 16% more expensive. Volume of homes for sale changed: 1 bedroom homes inventory decreased by 8.1%, the quantity of 2 bedrooms homes went down by 14.1%, 3 bedrooms homes inventory decreased by 21.3%, 4 bedrooms homes became 14.3% less available, 5 bedrooms homes became 3.6% less available. Greenburgh, NY housing market in December 2022 saw over 31 listings sold above listed price, more than 9 sold at listed price and over 40 sold below.

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