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Featured local agent — Larchmont, NY
Sarah Mitchell
Compass Real Estate · Larchmont, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Larchmont, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.33Mmedian sale price
How is the Larchmont, NY housing market right now?
The median home sale price in Larchmont, NY is $1.33M, down 44.5% year-over-year. Homes sell in an average of 21 days with 17 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Larchmont a buyer's or seller's market?
Larchmont, NY is currently a strong seller's market, based on 2.4 months of supply and homes selling in about 21 days. How we determine this →
Homes sold
7
Last 12 weeks
Days on market
21
Average pace
Active listings
17
2.4 months supply
Sale-to-list
108.2%
Above asking
What does the Larchmont housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.33M |
| Median list price | $2.75M |
| Year-over-year price change | -44.5% |
| Average days on market | 21 days |
| Active inventory | 17 listings |
| Months of supply | 2.4 months |
| Sale-to-list price ratio | 108.2% |
| Median price per sq ft | $667/sq ft |
| Homes sold (latest month) | 7 |
| New listings (latest month) | 19 |
| Listings with a price cut | 11.8% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
The Larchmont housing market is currently classified as a strong seller's market with a median sale price of $1.33M. Prices have fallen 44.5% compared to last year, with homes spending an average of 21 days on market, indicating 2.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 11.0x provides context for how home values compare to local earning capacity.
Homes for sale in Larchmont
There are currently 17 homes listed for sale in Larchmont, New York. The median listing price is $2.7M.
Active listings
17
Homes on market
Median list price
$2.7M
Avg. days on market
21
Days until sale
New this week
19
Newly listed
Who lives in Larchmont?
Population
6,542
Median income
$160,526/yr
Median age
38.8 years
Owner-occupied
69.6%
College grads
83.3%
Avg commute
43.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Larchmont?
Zillow home value
$1.76M
Zillow rent index
$7,202/mo
Price-to-rent ratio
20.4x
Price-to-income
11.0x
Source: Zillow Research
What is it like to live in Larchmont?
Larchmont is a community of approximately 7K residents with a median age of 38.8 years.The median household income is $160,526, which reflects a relatively affluent area with strong earning potential. 83.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 69.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 43.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Larchmont offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Larchmont?
4 schools tracked · 3,193 students
The largest public schools serving Larchmont, 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.
HOMMOCKS SCHOOL
Grades 6-8 · 1,334 students
MURRAY AVENUE SCHOOL
Grades K-5 · 712 students
CHATSWORTH AVENUE SCHOOL
Grades K-5 · 636 students
CENTRAL SCHOOL
Grades PK-5 · 511 students
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 Larchmont, NY?
Want a head-to-head view? Compare Larchmont side-by-side with any other U.S. city using our market-comparison tool.
Is Larchmont a good real estate investment market?
For investors evaluating Larchmont, the price-to-rent ratio of 20.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 44.5% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Larchmont's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Larchmont's median home price.
Frequently asked questions
What is the average home price in Larchmont?
The median home sale price in Larchmont is $1.33M, down 44.5% from last year.
How long do homes stay on market in Larchmont?
Homes typically spend 21 days on market before going under contract.
What is the median income in Larchmont?
The median household income is $160,526 per year.
Is Larchmont a buyer's or seller's market?
With 2.4 months of supply, Larchmont is currently a strong seller's market.
What is the Zillow home value estimate for Larchmont?
The Zillow Home Value Index (ZHVI) for Larchmont is $1.76M, representing the typical home value in the area.
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