New Rochelle Real Estate Market Update: September 2026

September data • October 2026 draft

Last Wednesday, after a showing, I was on North Avenue in New Rochelle thinking about how September would finish: How many homes would sell, and what would the numbers tell us about where the market might be headed? With both the month and the third quarter coming to a close, I was eager to see the results.

Now we have September’s answer. This update covers September 2026 only. It is not a full third-quarter market report; those quarterly numbers are expected next week.

New Rochelle’s September numbers show why the property type matters. Co-op inventory increased while the co-op median sale price declined; condos recorded a higher median price from just four closings. Those are different stories, and neither should be applied automatically to every home in the city.

September housing market at a glance

Geography: New Rochelle School District. Property types are reported separately. All year-over-year comparisons below are with September 2025.

Property type	Unit Sales	Median Sale Price	Days on Market	Inventory	Months of Supply
Single-family	25	$999,000	30	61	2.64
Condominium	4	$777,500	35	25	6.00
Co-op	10	$182,000	50	70	6.04
Multi-unit	3	$1,040,000	19	20	7.50

Source: William Raveis Local Housing Data, September 2026, reports generated October 5, 2026. “Days on Market” is reproduced as labeled; the supplied reports do not specify whether it is an average or median. Inventory is the report’s September figure, not a live listing count. Unavailable statistics are not zero values.

What stands out this month

Co-op buyers had more reported inventory than a year earlier. Sellers should study competing units in the same building and price range. The condo median rose, but four sales are too few to establish a broad appreciation rate. Single-family homes had 2.64 months of supply, compared with 6.00 for condos and 6.04 for co-ops. Buyers should compare options within their chosen segment; sellers should price against similar properties and current competition.

New Rochelle Single-family market

September recorded 25 single-family sales, down 30.6% from September 2025. The median sale price was $999,000, up 0.4%. Reported days on market fell 11.8% to 30.

• Median sale price per square foot: $506, up 11.7% year over year.
• Inventory: 61, down 6.2%.
• Months of supply: 2.64, up 7.7%.
• 92% sold within 90 days of listing.
• 92% sold for more than 95% of list price.

The median sale price was nearly unchanged even though fewer sales closed. The increase in months of supply alongside lower inventory shows why available listings and sales pace should be considered together. These figures do not establish that every home’s value stayed flat. The mix of homes sold, their condition and location remain important.

New Rochelle Condominium market

The report recorded 4 sales and a $777,500 median sale price. The reported days-on-market figure was 35.

• Unit Sales: 4 (down 20.0% vs sept 2025).
• Median Sale Price: $777,500 (up 41.4% vs sept 2025).
• Days on Market: 35 (down 47.0% vs sept 2025).
• Median Sale Price/SF: $553 (up 29.3% vs sept 2025).
• Inventory: 25 (up 38.9% vs sept 2025).
• Months of Supply: 6.00 (up 19.4% vs sept 2025).

100% sold within 90 days of listing; 100% sold for more than 95% of list price. These are shares of sales meeting those thresholds, not an average sale-to-list ratio.

Small sample: This category had only 4 closing(s). Its median and percentages can change sharply with the particular properties sold. They should not be treated as a broad change in every property’s value.

New Rochelle Co-op market

The report recorded 10 sales and a $182,000 median sale price. The reported days-on-market figure was 50.

• Unit Sales: 10 (down 41.2% vs sept 2025).
• Median Sale Price: $182,000 (down 13.3% vs sept 2025).
• Days on Market: 50 (down 23.1% vs sept 2025).
• Median Sale Price/SF: $240 (down 4.0% vs sept 2025).
• Inventory: 70 (up 45.8% vs sept 2025).
• Months of Supply: 6.04 (up 41.6% vs sept 2025).

80% sold within 90 days of listing; 90% sold for more than 95% of list price. These are shares of sales meeting those thresholds, not an average sale-to-list ratio.

If a co-op is part of your plans, read my guide to buying or selling a co-op in Westchester for help preparing your questions about maintenance, building documents and the purchase process.

New Rochelle Multi-unit market

The report recorded 3 sales and a $1,040,000 median sale price. The reported days-on-market figure was 19.

• Unit Sales: 3.
• Median Sale Price: $1,040,000.
• Days on Market: 19.
• Median Sale Price/SF: Not available.
• Inventory: 20 (up 42.9% vs sept 2025).
• Months of Supply: 7.50 (up 51.8% vs sept 2025).

100% sold within 90 days of listing; 67% sold for more than 95% of list price. These are shares of sales meeting those thresholds, not an average sale-to-list ratio.

Small sample: This category had only 3 closing(s). Its median and percentages can change sharply with the particular properties sold. They should not be treated as a broad change in every property’s value.

What buyers should do next

Start with the segment that fits your plans, then compare similar homes and current listings. Have financing or proof of funds prepared and review the total monthly cost before making an offer. A monthly market snapshot provides context; the condition, location and pricing of a particular property determine how you should approach it.

To explore purchase prices, down payments and estimated loan payments, visit my Real Estate Money Page. Use the tools as a starting point, then confirm financing options and the full monthly cost with your lender.

What sellers should do next

Use recent comparable sales and current competition to set your strategy. A district median is not a suggested list price. Preparation, realistic pricing and clear marketing remain important even when inventory is limited. Condo and co-op sellers should gather building documents early; multi-unit sellers should assemble leases, income and expense records and information about permitted use.

Helpful resources and a local conversation

Visit my Forms and Links page and Metro-North station guide. Considering a sale? Start with a Raveis home-value estimate, then contact me for a property-specific analysis. An automated estimate is a starting point, not an appraisal.

Thomas Roberts | RealtorTom
NYS Licensed Real Estate Salesperson
William Raveis Real Estate, Rye, NY
https://instacard.co/Thomas-Roberts

General market information. Conditions vary by property, building and price range. Equal Housing Opportunity.

Frequently asked questions

What area and period does this report cover?

These figures cover the New Rochelle School District for September 2026. They are not a citywide or countywide report, and they do not summarize the full third quarter.

What were the September 2026 median sale prices?

Single-family: $999,000 (25 sales). Condominium: $777,500 (4 sales). Co-op: $182,000 (10 sales). Multi-unit: $1,040,000 (3 sales).

Does a change in median price show how much my home gained or lost?

No. A median summarizes the sales that closed during the month. Changes in the mix of properties sold can change the median. A property-specific comparative market analysis is needed.

How should I compare houses, condos and co-ops?

Compare similar properties within the same segment. For condos and co-ops, include monthly charges, building finances, condition, parking and applicable purchase requirements.

How can I get a market analysis for my property?

Contact Thomas Roberts at William Raveis Real Estate in Rye for a comparison of recent sales and current competition tailored to your property.