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Featured local agent — Pelham, NY
Sarah Mitchell
Compass Real Estate · Pelham, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Pelham, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.20Mmedian sale price
How is the Pelham, NY housing market right now?
The median home sale price in Pelham, NY is $1.20M, down 14.3% year-over-year. Homes sell in an average of 39 days with 15 active listings. The market is currently a 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 Pelham a buyer's or seller's market?
Pelham, NY is currently a seller's market, based on 3.8 months of supply and homes selling in about 39 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
39
Average pace
Active listings
15
3.8 months supply
Sale-to-list
109.7%
Above asking
What does the Pelham housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.20M |
| Median list price | $1.05M |
| Year-over-year price change | -14.3% |
| Average days on market | 39 days |
| Active inventory | 15 listings |
| Months of supply | 3.8 months |
| Sale-to-list price ratio | 109.7% |
| Median price per sq ft | $566/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 12 |
| Listings with a price cut | 13.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Pelham by property type?
How the Pelham, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.73M | $600/sq ft | 3 | 50 days |
| Condo / Co-op | $330,000 | $388/sq ft | 1 | 27 days |
| Townhouse | $1.02M | $468/sq ft | 2 | 24 days |
Source: Redfin · Updated monthly
The Pelham housing market is currently classified as a seller's market with a median sale price of $1.20M. Prices have fallen 14.3% compared to last year, with homes spending an average of 39 days on market, indicating 3.8 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 8.0x provides context for how home values compare to local earning capacity.
Homes for sale in Pelham
There are currently 15 homes listed for sale in Pelham, New York. The median listing price is $1.0M.
Active listings
15
Homes on market
Median list price
$1.0M
Avg. days on market
39
Days until sale
New this week
12
Newly listed
Who lives in Pelham?
Population
7,247
Median income
$179,561/yr
Median age
38.2 years
Owner-occupied
69.9%
College grads
68.7%
Avg commute
36.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Pelham?
Zillow home value
$1.44M
Zillow rent index
$4,729/mo
Price-to-rent ratio
25.3x
Price-to-income
8.0x
Source: Zillow Research
What is it like to live in Pelham?
Pelham is a community of approximately 7K residents with a median age of 38.2 years.The median household income is $179,561, which reflects a relatively affluent area with strong earning potential. 68.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 69.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 36.4 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Pelham offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Pelham?
6 schools tracked · 2,836 students
The largest public schools serving Pelham, 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.
PELHAM MEMORIAL HIGH SCHOOL
Grades 9-12 · 860 students
PELHAM MIDDLE SCHOOL
Grades 6-8 · 692 students
HUTCHINSON SCHOOL
Grades K-5 · 373 students
PROSPECT HILL SCHOOL
Grades K-8 · 336 students
COLONIAL SCHOOL
Grades K-5 · 288 students
SIWANOY SCHOOL
Grades K-5 · 287 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 Pelham, NY?
Want a head-to-head view? Compare Pelham side-by-side with any other U.S. city using our market-comparison tool.
Is Pelham a good real estate investment market?
For investors evaluating Pelham, the price-to-rent ratio of 25.3x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 14.3% 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 Pelham's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Pelham's median home price.
Frequently asked questions
What is the average home price in Pelham?
The median home sale price in Pelham is $1.20M, down 14.3% from last year.
How long do homes stay on market in Pelham?
Homes typically spend 39 days on market before going under contract.
What is the median income in Pelham?
The median household income is $179,561 per year.
Is Pelham a buyer's or seller's market?
With 3.8 months of supply, Pelham is currently a seller's market.
What is the Zillow home value estimate for Pelham?
The Zillow Home Value Index (ZHVI) for Pelham is $1.44M, representing the typical home value in the area.
What is the median condo price in Pelham?
The median condo/co-op sale price in Pelham, NY is $330,000, compared to $1.73M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Pelham?
The median single-family home price in Pelham, NY is $1.73M (about $600 per square foot).
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