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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Irvington is a seller's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Irvington was a Buyer's Market.

Key Takeaway

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

Housing Prices in Irvington, NY

How much do homes in Irvington, NY cost?

Median Sold Price

$936,566

$448/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$60,433(-6.1%)

Key Takeaway

Homes in Irvington have sold for 6.1% less than they did a year ago.

Summary: The median home sold price in Irvington was $936,566 in September 2024, down 6.1% from last year, and the median price per square foot was $448.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $297.5K$190K
-36.1%
2 $738K$762.5K
+3.3%
3 $865.5K$887.8K
+2.6%
4 $1.4M$1.2M
-10.7%
5+ $1.7M$1.8M
+4.3%

Summary: Irvington housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 36.1%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes increased by 4.3%.

Median Sold Price Compared To Nearby Cities

Ardsley
+16.0%
Dobbs Ferry
+12.2%
Greenburgh
+9.6%
Tarrytown
+9.2%
Irvington
-6.1%

Housing Supply in Irvington, NY

How many homes are available in Irvington, NY?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
5761+7.0%

Summary: The Irvington real estate market had 61 homes for sale in September 2024, a 7.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 33
0.0%
2 1313
0.0%
3 1621
+31.3%
4 119
-18.2%
5+ 1415
+7.1%

Summary: The Irvington housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 31.3%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes increased by 7.1%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1312-7.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Irvington, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in Irvington in September 2024, down by 7.7% month-over-month. Of the 12 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% 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

Sep 2023Sep 2024CHANGE
17 Days52 Days+198.3%

Summary: Homes in Irvington had an average of 52 days on market in Sep 2024, up by 198.3% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 12 homes were sold in Irvington; 58% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 17% 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 11 Days Ago

Newest Listings in Irvington, NY

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