Is Greenburgh, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Greenburgh has remained a Neutral Market.
Key Takeaway
Greenburgh 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 Greenburgh, NY
How much do homes in Greenburgh, NY cost?
Median Sold Price
$723,750
$394/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Greenburgh have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in Greenburgh was $723,750 in May 2024, up 6.7% from last year, and the median price per square foot was $394.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200K | $210K | +5.0% |
| 2 Bedrooms | $424.9K | $470K | +10.6% |
| 3 Bedrooms | $708K | $747.5K | +5.6% |
| 4 Bedrooms | $923.7K | $999K | +8.1% |
| 5+ Bedrooms | $1.2M | $1.4M | +14.8% |
Summary: Greenburgh housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5%, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 14.8%.
Housing Supply in Greenburgh, NY
How many homes are available in Greenburgh, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 461 | 523 | +13.4% |
Summary: The Greenburgh real estate market had 523 homes for sale in May 2024, a 13.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 72 | 77 | +6.9% |
| 2 Bedrooms | 111 | 118 | +6.3% |
| 3 Bedrooms | 120 | 137 | +14.2% |
| 4 Bedrooms | 85 | 109 | +28.2% |
| 5+ Bedrooms | 73 | 82 | +12.3% |
Summary: The Greenburgh housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.9%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 14.2%, 4 bedroom homes increased by 28.2%, and 5+ bedroom homes increased by 12.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 74 | 77 | +4.1% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
42 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Greenburgh, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.
Summary: A total of 77 homes were sold or pending in Greenburgh in May 2024, up by 4.1% month-over-month. Of the 77 sold homes, 39% were sold under asking, 6% were sold at asking, and 55% 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
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 41 Days | 37 Days | -9.0% |
Summary: Homes in Greenburgh had an average of 37 days on market in May 2024, down by 9% compared to last year.
Breakdown of Home Sale Times
48 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Greenburgh are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 77 homes were sold in Greenburgh; 62% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 10% 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. 
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally