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Sarah Mitchell

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Compass Real Estate · Armonk, NY

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Armonk, NY(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Armonk, NY Housing Market

Balanced market+7.1% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Armonk, NY is worth $1.75M, rose 7.1% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $1.44M, +44.4% year over year (through May 2026). With 6.0 months of supply and homes going under contract in about 26 days, Armonk is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $1.75M home is about $9,348/mo in principal and interest.

Key numbers for Armonk, NY

Typical home value

$1.75M

+7.1% in 12 months

Zillow, August 2026

Median sale price

$1.44M

+44.4% year over year

Redfin, through May 2026

Days on market

26

Average pace

Redfin, through May 2026

Active listings

18

6.0 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$245,500

Home costs 7.1x income

U.S. Census ACS, 2023

Sale-to-list ratio

106.0%

Selling above asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Armonk a buyer's or seller's market?

Balanced market6.0 months of supply26 days on market106.0% of asking

Armonk, NY is a balanced market, based on 6.0 months of supply and homes selling in about 26 days. Above 5 months of supply, homes start accumulating faster than they clear, which is where buyers gain leverage on price, repairs, and closing costs.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Armonk housing market data show?

Every row below is Redfin's final published month for Armonk, NY. Redfin, through May 2026

Housing market statistics for Armonk, NY, Redfin through May 2026
MetricValue
Median sale price$1.44M
Median list price$1.55M
Year-over-year price change+44.4%
Median price per sq ft$488/sq ft
Median days on market26 days
Active inventory18 listings
Months of supply6.0 months
Sale-to-list price ratio106.0%
Homes sold (that month)3
New listings (that month)10
Listings with a price cut22.2%
Market conditionBalanced market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Armonk is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Armonk is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Armonk home prices moved?

Over the last three years the median sale price in Armonk, NY rose 11.0%, from $1.30M to $1.44M. The live Zillow value series has rose 7.1% in the last 12 months, which is the more current read now that Redfin's series has stopped. 22.2% of Armonk listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 6.0 months while the sale-to-list ratio slips below its current 106.0%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Armonk?

Priced off the typical home value of $1.75M at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Armonk, NY
Down paymentCash at closeLoan amountMonthly P&I
20%$350,204$1.40M$9,348/mo
5%$87,551$1.66M$11,101/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $9,348, that implies roughly $400,625 a year before you add taxes and insurance. The median household in Armonk earns $245,500, about $155,125 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 7.1x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Armonk in the next 12 months?

Tell us your timeline. We send the Armonk market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Armonk?

Zillow does not publish a rent index (ZORI) for Armonk, NY, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in Armonk?

Active listings in Armonk, NY went from 19 in May 2025 to 18 in May 2026, a -5.3% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.

Active listings by month in Armonk, NY
MonthActive listingsNew listings
June 2025177
July 2025196
August 2025183
September 2025157
October 2025115
November 2025145
December 2025153
January 2026124
February 2026114
March 2026124
April 20261514
May 20261810

Redfin, through May 2026

How does Armonk compare to New York and the U.S.?

Armonk homes sell for $1.44M — 133% above the New York median of $620,500. Against the national median of $410,700, Armonk runs 251% higher. Year-over-year, Armonk moved +44.4% against New York's +5.1% — a bigger swing than the state as a whole.

Armonk, NY compared with New York and the United States
MarketMedian sale priceYoYDays on market
Armonk, NY$1.44M+44.4%26 days
New York statewide$620,500+5.1%42 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Armonk

What buyers should watch

  • Months of supply, currently 6.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 22.2%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $1,753 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $1.75M home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Armonk listing goes under contract in 26 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 106.0% of asking. Price at the number you want and let competition do the rest.
  • In the last published month Armonk added 10 new listings against 3 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved +7.1% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Armonk varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Armonk

There are currently 18 homes listed for sale in Armonk, New York. The median listing price is $1.6M. Featured listings range from $650,000 to $6,790,000.

2 bedroom house for sale at 32 Glendale Ave Armonk - $650,000
$650,000

32 Glendale Ave

Armonk, NY

2 bd1 ba1,176 sqft$553/ft²
House6,534 sqft lot
View photos & details
2 bedroom condo for sale at 585 Main St Unit 2A Armonk - $1,250,000
$1,250,000

585 Main St Unit 2A

Armonk, NY

2 bd3 ba1,800 sqft$694/ft²
Condo
View photos & details
3 bedroom townhouse for sale at 27 Fieldstone Knl Armonk - $1,428,000
$1,428,000

27 Fieldstone Knl

Armonk, NY

3 bd3 ba2,796 sqft$511/ft²
Townhouse
View photos & details
3 bedroom house for sale at 33 Fieldstone Knl Unit 31 Armonk - $1,489,000
$1,489,000

33 Fieldstone Knl Unit 31

Armonk, NY

3 bd4 ba3,638 sqft$409/ft²
House4,957 sqft lot
View photos & details
3 bedroom townhouse for sale at 25 Fieldstone Knl Armonk - $1,539,000
$1,539,000

25 Fieldstone Knl

Armonk, NY

3 bd3 ba2,681 sqft$574/ft²
Townhouse
View photos & details
3 bedroom townhouse for sale at 29 Fieldstone Knl Armonk - $1,689,000
$1,689,000

29 Fieldstone Knl

Armonk, NY

3 bd5 ba3,750 sqft$450/ft²
Townhouse
View photos & details
3 bedroom townhouse for sale at 37 Fieldstone Knl Armonk - $1,735,000
$1,735,000

37 Fieldstone Knl

Armonk, NY

3 bd5 ba3,750 sqft$463/ft²
Townhouse
View photos & details
5 bedroom house for sale at 2 Hemlock Rise Armonk - $2,699,000
$2,699,000

2 Hemlock Rise

Armonk, NY

5 bd6 ba5,652 sqft$478/ft²
House2.10 acres
View photos & details
5 bedroom house for sale at 86 Old Byram Lake Rd Armonk - $2,850,000
$2,850,000

86 Old Byram Lake Rd

Armonk, NY

5 bd6 ba6,296 sqft$453/ft²
House2.63 acres
View photos & details
4 bedroom house for sale at 11 Whippoorwill Ln Armonk - $2,990,000
$2,990,000

11 Whippoorwill Ln

Armonk, NY

4 bd5 ba4,750 sqft$629/ft²
House1.30 acres
View photos & details
5 bedroom house for sale at 8 Ridgeview Cir Armonk - $3,895,000
$3,895,000

8 Ridgeview Cir

Armonk, NY

5 bd9 ba7,663 sqft$508/ft²
House2.00 acres
View photos & details
7 bedroom house for sale at 4 Cowdray Park Dr Armonk - $6,790,000
$6,790,000

4 Cowdray Park Dr

Armonk, NY

7 bd9 ba14,066 sqft$483/ft²
House13.78 acres
View photos & details

Looking to buy in Armonk?

Get connected with a local real estate expert — free, no obligation.

Active listings

18

Homes on market

Median list price

$1.6M

Avg. days on market

26

Days until sale

New this week

10

Newly listed

Price drops:22.2%of listings
Sale-to-list:106.0%

How much do homes cost in Armonk by property type?

How the Armonk, NY market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Armonk, NY
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$1.44M$488/sq ft326 days
Condo / co-op$672,500$778/sq ft234 days
Townhouse$1.27M$493/sq ft114 days

Who lives in Armonk?

American Community Survey estimates for Armonk. U.S. Census ACS, 2023

Population

4,382

Households

1,454

Median income

$245,500/yr

Median age

42.6 years

Owner-occupied

92.9%

Median home value

$1.03M

Mean commute

36.9 min

92.9% of occupied homes in Armonk are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $1.03M against Zillow's $1.75M typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.

Which public schools serve Armonk?

4 schools tracked · 2,341 students

The largest public schools serving Armonk, NY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

BYRAM HILLS HIGH SCHOOL

Grades 9-12 · 740 students

Public

COMAN HILL SCHOOL

Grades K-2 · 578 students

Public

WAMPUS SCHOOL

Grades 3-5 · 522 students

Public

H C CRITTENDEN MIDDLE SCHOOL

Grades 6-8 · 501 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Armonk, NY?

Ordered by distance from Armonk, not by size. Compare Armonk side by side with any of them.

Armonk housing market FAQ

Is Armonk a buyer's or seller's market?

Armonk, NY is currently a balanced market. That read comes from 6.0 months of supply, homes going under contract in about 26 days, and sellers getting 106.0% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Armonk?

The typical home in Armonk, NY is worth $1.75M (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $1.44M, about $488 per square foot.

Is Armonk cheaper than the rest of New York?

Armonk's median sale price of $1.44M is 133% higher than the New York statewide median of $620,500, and 251% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Armonk?

Homes in Armonk, NY spent a median of 26 days on market before going under contract, versus 42 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in Armonk?

At the current 30-year fixed rate of 7.03%, 20% down on a $1.75M home is about $9,348 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $400,625 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $245,500.

Are home prices rising in Armonk?

The typical home value in Armonk, NY rose 7.1% over the last 12 months, from $1.63M to $1.75M (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Armonk?

Armonk ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Armonk?

That depends on your timeline, not on a headline. What the data says today: Armonk, NY is a balanced market with 6.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.