New Rochelle NY Co-Op Market Report – February 2026 Trends

New Rochelle NY Co-Op Market Report – February 2026

If you live in New Rochelle, NY or are considering buying or selling a co-op apartment in the New Rochelle School District, understanding the latest market data can help you make better real estate decisions.

Below is a breakdown of the February 2026 New Rochelle co-op market trends based on the latest data from the William Raveis market report. The numbers reveal some interesting shifts in price, demand, and inventory that buyers and sellers should watch closely this spring. :contentReference[oaicite:0]{index=0}

Key Market Highlights – February 2026

• 9 co-op units sold – up 28.6% compared to February 2025
• Median sale price: $205,000 – down 24.1% year-over-year
• Median price per square foot: $244 – down 16.7%
• Average days on market: 81 days – up 26.6%
• Inventory available: 54 units – down 3.6%
• Months of supply: 5.02 months – up 9.9%

These statistics reflect a market that remains active but has shifted slightly toward a more balanced environment compared to last year.

Co-Op Sales Activity in New Rochelle

The most encouraging statistic from the February report is that unit sales increased 28.6% compared to last year. A total of 9 co-op apartments sold in February, showing that buyers are still active despite higher mortgage rates and broader economic uncertainty. :contentReference[oaicite:1]{index=1}

New Rochelle continues to attract buyers who want access to:

• Metro-North trains to Manhattan
• Waterfront living on Long Island Sound
• More affordable housing compared with other Westchester towns
• Walkable neighborhoods and a revitalizing downtown

For many first-time buyers, co-ops remain one of the most affordable entry points into Westchester County real estate.

Prices Adjust Slightly – What It Means

The median co-op sale price in February was $205,000, which represents a 24.1% decrease compared to February 2025.

At the same time, the median price per square foot dropped to $244, down 16.7% year-over-year.

This does not necessarily mean the market is weakening. Instead, several factors may be influencing pricing:

• A different mix of units sold (smaller apartments or different buildings)
• Buyers negotiating more aggressively in higher interest rate environments
• Seasonal winter market patterns

Historically, Westchester co-op prices fluctuate month to month based on building inventory and the types of units sold.

Homes Are Taking Longer to Sell

The report shows that the average days on market increased to 81 days, which is 26.6% longer than last year.

However, this does not mean sellers are struggling. In fact:

• 56% of co-ops sold within 90 days of listing
• 78% sold for more than 95% of the list price

This suggests that properly priced apartments are still selling relatively quickly.

Inventory and Supply

Another important indicator of market health is inventory.

Currently there are 54 co-op apartments for sale in the New Rochelle School District, which is a slight 3.6% decrease compared to last year.

Meanwhile, the months of supply increased to 5.02 months.

In real estate terms:

• 4–6 months of supply = balanced market
• Below 4 months = seller’s market
• Above 6 months = buyer’s market

At just over five months of supply, the New Rochelle co-op market is currently balanced, meaning both buyers and sellers have negotiating power.

What Buyers Should Know

If you're considering buying a co-op apartment in New Rochelle, this may be a favorable moment because:

• Prices have moderated slightly
• Inventory remains steady
• Negotiation opportunities exist
• Westchester property values historically trend upward long-term

For commuters or first-time buyers priced out of Manhattan or Brooklyn, New Rochelle offers excellent value within the New York metro area.

What Sellers Should Know

If you’re planning to sell a co-op in New Rochelle, the key is pricing strategy.

Even though days on market have increased slightly, the data shows that most properties still sell close to their asking price when priced correctly.

Working with an experienced local Realtor who understands co-op boards, building rules, and buyer demand can make a major difference.

Looking Ahead to the Spring Market

As we move toward the traditional spring real estate season in Westchester County, activity typically increases significantly.

Based on current data trends, we may see:

• More listings entering the market
• Increased buyer competition
• Stabilization of pricing
• Continued demand for commuter-friendly housing

New Rochelle’s waterfront development, growing downtown, and convenient train access continue to make the city one of the most dynamic real estate markets in southern Westchester.

Stay Updated on the New Rochelle Real Estate Market

I regularly publish market updates covering:

• New Rochelle co-op apartment trends
• Single-family home market updates
• Westchester County real estate insights
• Buyer and seller strategies

Follow my updates and subscribe for the latest market reports.

Also watch and subscribe to my YouTube channel for neighborhood tours, market insights, and real estate updates:

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Thomas Roberts
Real Estate Agent | William Raveis
📞 (914) 755-9816
https://linktr.ee/RealtorTom