Is Irvington, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Irvington was a Seller's Market.
Key Takeaway
Irvington is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Irvington, NY
How much do homes in Irvington, NY cost?
Median Sold Price
$959,000
$436/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Irvington have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in Irvington was $959,000 in March 2024, up 7.8% from last year, and the median price per square foot was $436.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $297.5K | $190K | -36.1% |
| 2 Bedrooms | $374.5K | $763K | +103.7% |
| 3 Bedrooms | $899.5K | $835K | -7.2% |
| 4 Bedrooms | $1.2M | $1.3M | +13.5% |
| 5+ Bedrooms | $1.9M | $1.7M | -8.0% |
Summary: Irvington housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 36.1%, 2 bedroom homes increased by 103.7%, 3 bedroom homes decreased by 7.2%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes decreased by 8%.
Median Sold Price Compared To Nearby Cities
| Ardsley | $755.5K | $901K | +19.3% |
| Greenburgh | $665K | $721.6K | +8.5% |
| Tarrytown | $620K | $672K | +8.4% |
| Irvington | $890K | $959K | +7.8% |
| Dobbs Ferry | $825K | $860K | +4.2% |
Housing Supply in Irvington, NY
How many homes are available in Irvington, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 31 | 35 | +12.9% |
Summary: The Irvington real estate market had 35 homes for sale in March 2024, a 12.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 6 | 11 | +83.3% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Irvington housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 83.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Irvington, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Irvington in March 2024, down by 16.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Irvington, NY
How long does it take to sell a home in Irvington, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 59 Days | 44 Days | -24.7% |
Summary: Homes in Irvington had an average of 44 days on market in Mar 2024, down by 24.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Irvington are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in Irvington; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.