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Featured local agent — Rye, NY

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Rye, NY

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

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

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Rye, NY Housing Market & Real Estate

Strong seller's market-24.7% YoY

Housing market overview · Updated monthly ·

$2.26Mmedian sale price

How is the Rye, NY housing market right now?

The median home sale price in Rye, NY is $2.26M, down 24.7% year-over-year. Homes sell in an average of 20 days with 13 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 Rye a buyer's or seller's market?

Strong seller's market1.6 months of supply20 avg. days on market

Rye, NY is currently a strong seller's market, based on 1.6 months of supply and homes selling in about 20 days. How we determine this →

Homes sold

8

Last 12 weeks

Days on market

20

Fast-moving

Active listings

13

1.6 months supply

Sale-to-list

106.3%

Above asking

What does the Rye housing market data show?

Current housing market statistics for Rye, NY
MetricValue
Median sale price$2.26M
Median list price$2.50M
Year-over-year price change-24.7%
Average days on market20 days
Active inventory13 listings
Months of supply1.6 months
Sale-to-list price ratio106.3%
Median price per sq ft$733/sq ft
Homes sold (latest month)8
New listings (latest month)17
Listings with a price cut15.4%
Market conditionStrong seller's market

Source: Redfin · Updated monthly

How much do homes cost in Rye by property type?

How the Rye, NY market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Rye, NY
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$2.35M$969/sq ft510 days
Condo / Co-op$720,000$405/sq ft339 days
Townhouse$1.39M$727/sq ft277 days

Source: Redfin · Updated monthly

The Rye housing market is currently classified as a strong seller's market with a median sale price of $2.26M. Prices have fallen 24.7% compared to last year, with homes spending an average of 20 days on market, indicating 1.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Homes for sale in Rye

There are currently 13 homes listed for sale in Rye, New York. The median listing price is $2.5M.

Active listings

13

Homes on market

Median list price

$2.5M

Avg. days on market

20

Days until sale

New this week

17

Newly listed

Price drops:15.4%of listings
Sale-to-list:106.3%

Who lives in Rye?

Population

16,410

Median income

$237,727/yr

Median age

41.9 years

Owner-occupied

70.6%

College grads

80.5%

Avg commute

39.4 min

Source: U.S. Census Bureau ACS

What are homes worth in Rye?

Zillow rent index

$8,489/mo

Source: Zillow Research

What is it like to live in Rye?

Rye is a community of approximately 16K residents with a median age of 41.9 years.The median household income is $237,727, which reflects a relatively affluent area with strong earning potential. 80.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 70.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 39.4 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Rye offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Rye?

5 schools tracked · 2,827 students

The largest public schools serving Rye, 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.

RYE HIGH SCHOOL

Grades 9-12 · 905 students

Public

RYE MIDDLE SCHOOL

Grades 6-8 · 675 students

Public

OSBORN SCHOOL

Grades K-5 · 461 students

Public

MIDLAND SCHOOL

Grades K-5 · 452 students

Public

MILTON SCHOOL

Grades K-5 · 334 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 Rye, NY?

Want a head-to-head view? Compare Rye side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Rye?

The median home sale price in Rye is $2.26M, down 24.7% from last year.

How long do homes stay on market in Rye?

Homes typically spend 20 days on market before going under contract.

What is the median income in Rye?

The median household income is $237,727 per year.

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

With 1.6 months of supply, Rye is currently a strong seller's market.

What is the median condo price in Rye?

The median condo/co-op sale price in Rye, NY is $720,000, compared to $2.35M for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Rye?

The median single-family home price in Rye, NY is $2.35M (about $969 per square foot).

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