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Sarah Mitchell

CNESRESABR

Compass Real Estate · Greenburgh, NY

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

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

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Greenburgh, NY Housing Market

Strong seller's market+9.5% YoY
Redfin, through May 2026 · No longer updatingFreddie Mac via FRED, August 2026 · Refreshes weekly

The last median sale price Redfin published was $961,335, +9.5% year over year (through May 2026). With 2.3 months of supply and homes going under contract in about 24 days, Greenburgh is a strong seller's market. At today's 6.66% 30-year fixed rate, 20% down on a $961,335 home is about $4,942/mo in principal and interest.

Key numbers for Greenburgh, NY

Median sale price

$961,335

+9.5% year over year

Redfin, through May 2026

Days on market

24

Average pace

Redfin, through May 2026

Active listings

158

2.3 months of supply

Redfin, through May 2026

30-yr fixed rate

6.66%

Freddie Mac weekly average

Freddie Mac via FRED, August 2026

Sale-to-list ratio

107.1%

Selling above asking

Redfin, through May 2026

Zillow figures 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 Greenburgh a buyer's or seller's market?

Strong seller's market2.3 months of supply24 days on market107.1% of asking

Greenburgh, NY is a strong seller's market, based on 2.3 months of supply and homes selling in about 24 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.

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

What does the Greenburgh housing market data show?

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

Housing market statistics for Greenburgh, NY, Redfin through May 2026
MetricValue
Median sale price$961,335
Median list price$899,999
Year-over-year price change+9.5%
Median price per sq ft$484/sq ft
Median days on market24 days
Active inventory158 listings
Months of supply2.3 months
Sale-to-list price ratio107.1%
Homes sold (that month)70
New listings (that month)103
Listings with a price cut20.9%
Market conditionStrong seller's 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 Greenburgh is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Greenburgh 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 Greenburgh home prices moved?

Over the last three years the median sale price in Greenburgh, NY rose 12.0%, from $858,000 to $961,335. 20.9% of Greenburgh 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 2.3 months while the sale-to-list ratio slips below its current 107.1%. 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 Greenburgh?

Priced off the median sale price of $961,335 at the current 6.66% 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 Greenburgh, NY
Down paymentCash at closeLoan amountMonthly P&I
20%$192,267$769,068$4,942/mo
5%$48,067$913,268$5,869/mo

Redfin, through May 2026 for the price · Freddie Mac via FRED, August 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 $4,942, that implies roughly $211,810 a year before you add taxes and insurance. We do not hold a Census income figure for Greenburgh, so we cannot compare that threshold to local earnings.

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

Buying in Greenburgh in the next 12 months?

Tell us your timeline. We send the Greenburgh 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 Greenburgh?

Zillow does not publish a rent index (ZORI) for Greenburgh, 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 Greenburgh?

Active listings in Greenburgh, NY went from 187 in May 2025 to 158 in May 2026, a -15.5% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.

Active listings by month in Greenburgh, NY
MonthActive listingsNew listings
June 202517586
July 202515172
August 202513061
September 202516091
October 202515183
November 202514153
December 202510328
January 202612375
February 202611659
March 2026141132
April 2026161140
May 2026158103

Redfin, through May 2026

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

Greenburgh homes sell for $961,33555% above the New York median of $620,500. Against the national median of $410,700, Greenburgh runs 134% higher. Year-over-year, Greenburgh moved +9.5% against New York's +5.1%a bigger swing than the state as a whole.

Greenburgh, NY compared with New York and the United States
MarketMedian sale priceYoYDays on market
Greenburgh, NY$961,335+9.5%24 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 Greenburgh

What buyers should watch

  • Months of supply, currently 2.3. 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 20.9%. 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 $927 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 6.66%, every full point of rate change moves the payment on a $961,335 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 Greenburgh listing goes under contract in 24 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 107.1% of asking. Price at the number you want and let competition do the rest.
  • In the last published month Greenburgh added 103 new listings against 70 sales — more competition arriving than clearing, so early timing matters.
  • Comparable ZIP-level pricing inside Greenburgh varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Greenburgh

There are currently 158 homes listed for sale in Greenburgh, New York. The median listing price is $900K.

Active listings

158

Homes on market

Median list price

$900K

Avg. days on market

24

Days until sale

New this week

103

Newly listed

Price drops:20.9%of listings
Sale-to-list:107.1%

How much do homes cost in Greenburgh by property type?

How the Greenburgh, 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 Greenburgh, NY
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$1.39M$535/sq ft4719 days
Condo / co-op$355,000$347/sq ft2141 days
Townhouse$760,000$466/sq ft121 days

Which cities are near Greenburgh, NY?

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

Greenburgh housing market FAQ

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

Greenburgh, NY is currently a strong seller's market. That read comes from 2.3 months of supply, homes going under contract in about 24 days, and sellers getting 107.1% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Greenburgh?

The median sale price in the last month Redfin published was $961,335, about $484 per square foot.

Is Greenburgh cheaper than the rest of New York?

Greenburgh's median sale price of $961,335 is 55% higher than the New York statewide median of $620,500, and 134% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Greenburgh?

Homes in Greenburgh, NY spent a median of 24 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 Greenburgh?

At the current 30-year fixed rate of 6.66%, 20% down on a $961,335 home is about $4,942 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $211,810 a year before taxes, insurance, HOA dues or mortgage insurance.

Are home prices rising in Greenburgh?

Redfin's last published year-over-year change for Greenburgh, NY was +9.5%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.

What are the cheapest ZIP codes in Greenburgh?

Greenburgh 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 Greenburgh?

That depends on your timeline, not on a headline. What the data says today: Greenburgh, NY is a strong seller's market with 2.3 months of supply, the 30-year fixed rate is 6.66%. 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.