Is Rye Brook, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rye Brook is a seller's market

Buyer's
Market

Difference Since May 2021

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

Key Takeaway

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

How much do homes in Rye Brook, NY cost?

Median Sold Price

$943,750

$389/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$75,750(+8.7%)

Key Takeaway

Homes in Rye Brook have sold for 8.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $272.5K$300K
+10.1%
2 $525K$570K
+8.6%
3 $815K$947.5K
+16.3%
4 $980K$1.0M
+7.0%
5+ $1.2M$1.3M
+3.3%

Median Sold Price Compared To Nearby Cities

Harrison
+16.0%
Rye Brook
+8.7%
Port Chester
+7.5%
Greenwich
+4.8%
Rye
-6.7%

How many homes are available in Rye Brook, NY?

Number of Homes For Sale

Apr 2022May 2022%
8183+2.5%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 21
-50.0%
2 98
-11.1%
3 3939
0.0%
4 2023
+15.0%
5+ 1112
+9.1%

Number of Homes Sold

Apr 2022May 2022%
1514-6.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rye Brook, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
52 Days24 Days-52.7%

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Rye Brook 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 Rye Brook, NY

There are 83 homes are for sale in Rye Brook, NY real estate market. The number of listings in Rye Brook, NY increased by 2.5% between April 2022 and May 2022. While the average time on the market in May 2022 was 24 days, the median list price was $943,750. Between April 2022 and May 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 10.1% more expensive, 2 bedrooms properties prices increased by 8.6%, prices of 3 bedrooms properties increased by 16.3%, prices of 4 bedrooms properties increased by 7%, prices of 5 bedrooms properties increased by 3.3%. Volume of homes for sale changed: volume of 1 bedroom homes went down by 50%, number of 2 bedrooms homes decreased by 11.1%, number of 3 bedrooms homes remained the same, volume of 4 bedrooms homes went up by 15%, the quantity of 5 bedrooms homes went up by 9.1%. In May 2022, from all listings sold in Rye Brook, NY there were more than 8 sold above asking price, over 4 sold below and more than 2 were sold right at the asked price.

Related Housing Market Reports