May 2026 Katonah NY Real Estate Market Update: Single Family Home Trends & Housing Prices
By Thomas Roberts | William Raveis Real Estate
If you are following the Katonah, NY real estate market, May 2026 offered important insights for buyers, sellers, and homeowners. While home sales slowed compared to last year, inventory remained relatively tight and well-positioned homes continued attracting serious buyer attention.
This update focuses exclusively on the Katonah-Lewisboro School District single family home market, helping local residents better understand pricing trends, inventory levels, buyer activity, and what it all means if you are considering buying or selling in Katonah.
Quick Takeaways: Katonah NY Housing Market for May 2026
- Single Family Home Sales: Down compared to last year, but demand remains steady.
- Inventory: Lower than May 2025, helping support pricing.
- Months of Supply: Still indicates a relatively competitive market.
- Buyer Activity: Most homes sold within 90 days.
Single Family Homes in Katonah, NY
The Katonah single family housing market saw 10 home sales in May 2026, down 16.7% compared to May 2025. The median sale price reached $857,500, representing a 34.0% decline year-over-year. While pricing softened from last year’s elevated levels, demand for desirable homes in Katonah remains active.
- Unit Sales: 10 homes sold
- Median Sale Price: $857,500
- Median Price Per Square Foot: $392 (down 22.7%)
- Days on Market: 40 days (up 8.1%)
- Inventory: 40 homes (down 41.2%)
- Months of Supply: 2.61 months (down 47.3%)
- Sold Within 90 Days: 80%
- Sold for Over 95% of List Price: 80%
Although the number of sales declined year-over-year, the market remains relatively competitive due to reduced inventory. With just 2.61 months of supply, Katonah continues to favor sellers in many price points, especially for homes that are move-in ready and priced appropriately.
For buyers, patience and preparation remain key. Limited inventory means desirable homes can still move quickly, especially properties close to Katonah Village, Metro-North access, top-rated schools, and larger lot settings that many Westchester buyers seek.
What This Means for Buyers and Sellers in Katonah
For Buyers
- Be financially prepared before new listings hit the market.
- Monitor inventory closely as fewer homes are available.
- Move decisively when a well-priced home becomes available.
For Sellers
- Lower inventory continues creating opportunities for properly marketed homes.
- Pricing strategy matters in a market with shifting price trends.
- Professional presentation and strong digital marketing remain essential.
Final Thoughts on the Katonah NY Real Estate Market
The May 2026 Katonah NY real estate market continues showing resilience despite slower year-over-year activity. Single family homes remain the foundation of the local market, and low inventory continues supporting buyer demand.
Whether you are thinking about buying, selling, or simply keeping up with your neighborhood, understanding the local market can help you make more confident real estate decisions.
For more updates on the Katonah NY real estate market, follow my blog, subscribe for updates, and watch my YouTube videos for local housing insights. Be sure to subscribe to my RealtorTom YouTube channel here:
https://www.youtube.com/@RealtorTom
Thomas Roberts
Real Estate Agent | William Raveis
📞 (914) 755-9816
https://linktr.ee/RealtorTom
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