New Rochelle Real Estate Market Report: July 2026
July’s numbers tell a familiar New Rochelle story: buyers were active, well-positioned single-family homes moved quickly, and limited inventory continued to matter. Whether you are walking around a neighborhood such as Wykagyl, looking for a place to park near downtown, or visiting family in New Rochelle, the market can feel different from one block and property type to the next.
All comparisons below are July 2026 versus July 2025 and cover the New Rochelle School District. Figures were supplied by William Raveis Local Housing Data.
Single-Family Homes Lead the New Rochelle Market
New Rochelle recorded 38 single-family sales, down 5.0% year over year. The median sale price rose 11.5% to $1,275,000, while the median price per square foot increased 10.5% to $527.
- Median days on market: 14, down 36.4%
- Sold within 90 days: 100%
- Sold for more than 95% of list price: 95%
- Inventory: 67 homes, down 14.1%
- Months of supply: 2.73, down 12.9%
For sellers, this points to a market that still rewards accurate pricing and strong presentation. For buyers, it means preparation matters: financing, attorney readiness and a clear offer strategy can be important when a desirable New Rochelle home reaches the market.
Condos, Co-ops and Multi-Family Properties
| Property type | Sales | Median price | Days on market | Inventory / supply |
|---|---|---|---|---|
| Condominium | 4 (unchanged) | $499,500 (+20.4%) | 66 | 24 / 5.65 months |
| Co-op | 13 (-7.1%) | $330,000 (+61.0%) | 62 | 58 / 4.97 months |
| Multi-unit | 5 (+400.0%) | $882,000 (+1.5%) | 20 | 20 / 7.27 months |
The co-op median jumped sharply, but one month’s mix of 13 closings can move the median substantially. The same caution applies to the multi-unit percentage increase, which reflects five sales versus one a year earlier. These figures are useful snapshots, not stand-alone valuations for a particular home.
Inflation Is the National Backdrop—not the Local Explanation
A July 2026 analysis from the Federal Reserve Bank of St. Louis explains that headline PCE can be distorted by volatile energy goods. The article proposes looking at PCE excluding energy goods as a smoother short-term measure that still represents 97.2% of consumer spending. It also notes that recent core inflation remained closer to 3% than 2%, signaling continuing underlying price pressure. That backdrop can affect monetary-policy expectations and borrowing costs, but it does not prove that inflation caused New Rochelle’s July results.
Read the St. Louis Fed inflation analysis.
What This Means for New Rochelle Buyers and Sellers
Sellers: low single-family supply and short market times are encouraging, but condition, location, taxes and pricing still determine the outcome. Buyers: do not treat a citywide median as the price of every home. A house near the Sound, a Tudor farther north, a downtown condo and a co-op near transportation are different markets.
Thomas Roberts
Licensed New York Real Estate Salesperson
William Raveis Real Estate, Rye, NY
914-755-9816 | Thomas.Roberts@raveis.com
Market data is a monthly snapshot and is not an appraisal or guarantee of future results. Equal Housing Opportunity.
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