Westchester County real estate insights for buyers, sellers, and homeowners. Thomas Roberts (#RealtorTom) of William Raveis Real Estate provides local market updates, pricing trends, neighborhood information, and practical guidance for navigating today's housing market in New Rochelle and throughout Westchester County, NY.
Information on Mortages, Calculators, Current Market Conditions
Rye is a small, high-value market where a handful of closings can change a monthly statistic quickly. Whether you are walking around Purchase Street, heading toward the train, or visiting family near the Sound, the property-by-property details matter more than a headline alone.
Single-Family Homes First
There were 14 single-family sales, down 6.7%. The median sale price increased 13.5% to $3,177,500, and median price per square foot rose 28.7% to $1,006. Median market time was 20 days; 93% sold within 90 days and every sale closed for more than 95% of list price. Inventory dropped 64.7% to 12 homes, representing 1.76 months of supply.
Condos, Co-ops and Multi-Family
Condos: one sale at $900,000; two days on market; seven listings and 6.46 months of supply.
Co-ops: two sales; $412,500 median; 23 days; four listings and 1.45 months of supply.
Multi-unit: no July sales and no active inventory, compared with one sale and two listings in July 2025.
The condo and co-op figures are based on one and two sales respectively. Those changes describe the transactions that closed, not the value movement of every Rye unit.
Inflation and Rates in the Background
The St. Louis Fed has suggested examining PCE inflation excluding energy goods to reduce the noise from short-lived oil-price swings. Its July analysis says underlying inflation pressures had not yet fully returned to the Fed’s 2% longer-run objective. This national context may influence rate expectations, but it cannot be used to claim that inflation caused Rye’s monthly results. Read the Fed analysis.
Rye Market Takeaway
Low single-family inventory is the clearest signal. Sellers may have leverage when presentation and pricing are right; buyers should use recent, truly comparable Rye sales and avoid overreading small-sample condo or co-op percentages.
Rye Real Estate Market Update: June 2026 Property Trends & Local Insights
I was grabbing my morning coffee at the Starbucks on Purchase Street this past Tuesday when I caught a bit of a conversation between two people nearby. One of the women was sharing how incredibly frustrated her sister and brother-in-law are right now. They have been desperately searching for a house here in Rye because they want their children settled and ready to start the school year this September—the absolute last thing they want is to pull their kids out of class and move them mid-year. It was a stressful conversation to listen to, but it perfectly captures the high-stakes, emotional reality of our current local market.
The truth is, families are facing an incredibly tight window, and demand is intense. If you or anyone you know has been even remotely thinking about selling a home in Rye, please have them reach out to me immediately—I have motivated, pre-approved buyers who are ready to make a move right now. To show you exactly what sellers and buyers are up against, let’s dive into the fresh June 2026 market statistics across every property type.
Single Family
The single-family housing sector in Rye continues to exhibit exceptional demand, characterized by heightened sales volume and severe inventory compression[cite: 10].
Median Sale Price: Solidified at $2,906,024, remaining perfectly balanced and unchanged compared to June 2025.
Unit Sales: Experienced a strong expansion, climbing to 15 units closed, representing a 28.3% increase year-over-year.
Market Velocity: Days on market adjusted upward by 87.5% to settle at an average of 30 days. However, pricing power remains absolute, with 100% of properties selling for over 95% of their list price, and 87% closing within 90 days of listing.
Inventory Crunch: Total available inventory plummeted by 55.2% to just 13 active listings. This supply drought has pushed the months of supply down by 33.6% to a lean 1.88 months, heavily favoring sellers.
Price per Square Foot: The median sale price per square foot ticked upward by 3.6% to reach $864/SF.
Condo
The condominium market in Rye faced a notably quieter month in June 2026, dealing with severe product scarcity that impacted overall sales velocity and pricing metrics[cite: 9].
Median Sale Price: Adjusted downward by 41.5% to $1,126,000.
Unit Sales: Declined by 50.0% year-over-year, with only 2 units closed throughout the month.
Days on Market: Properties averaged 21 days on the market before finding a buyer, an increase of 40.0% compared to the previous year.
Transaction Metrics: While 100% of these listings sold within 90 days, only 50% fetched over 95% of the original list price.
Supply and Inventory: Active inventory dropped significantly by 55.6%, leaving a mere 4 units available. Months of supply decreased by 25.9% to 3.20 months.
Price Trends: The median sale price per square foot compressed by 11.5% to land at $731/SF.
Multi Family
Multi-family assets remain highly exclusive and tightly held throughout the local market. For the month of June 2026, there were no newly recorded transactions or active public listings in this specific asset category. This historical absence of inventory underscores the long-term premium placed on income-producing properties within the community, making off-market opportunities and direct professional networks the primary avenues for acquiring multi-unit properties.
Co-op
Cooperative apartments proved to be a highly competitive and dynamic sector in June 2026, offering strong value but operating under intense supply limitations[cite: 8].
Median Sale Price: Surged significantly by 43.1% year-over-year to $572,500.
Unit Sales: Rose to 4 completed transactions, marking a solid 33.3% increase vs. June.
Flawless Execution: In an impressive display of market demand, 100% of co-ops sold within 90 days of listing, and 100% sold for over 95% of their list price
Days on Market: Averaged 20 days, a modest 17.6% increase over last year
Inventory Constraints: Total inventory dropped by 42.9% down to just 4 active units. This has driven the months of supply down by 58.7% to a critical 1.33 months.
Price per Square Foot: Interestingly, the median sale price per square foot decreased by 20.4% to $438/SF, indicating that larger or uniquely configured units may have heavily influenced the overall median sale price figures.
Rye, NY is a picturesque town located in Westchester County and home to 16,000 people. The town is known for its charming streets, scenic beauty, and rich history. One of the main attractions of Rye is the Rye Playland Park, which is an amusement park that offers a wide range of rides and games for visitors of all ages. The park has been a popular destination for vacationers and day trippers for decades and is a must-see attraction for anyone visiting the town.
Another popular destination in Rye is Oakland Beach, which is a beautiful spot that offers a great view of Long Island Sound. The beach is perfect for swimming, sunbathing, and relaxing. Visitors can also take a stroll along the boardwalk or take a dip in the water. The beach is a great spot to enjoy the summer months and is a perfect place to unwind and escape the hustle and bustle of city life.
The town of Rye is also well connected to the rest of the city and is easily accessible by car or public transport. The Metro-North New Haven line offers a 43-minute express train to NYC and a 58-minute ride with the local train. The town also has easy access to I-95 and the Hutchinson Parkway, making it a convenient location for those who need to commute to the city.
The town of Rye is also home to a number of golf and beach clubs, as well as walking trails, marshland conservatories, and nature centers. These places offer visitors the opportunity to enjoy the natural beauty of the area and explore the local flora and fauna.
The real estate market in Rye is also thriving, with homes in the area selling for 98% of their initial listing price. The median sales price of homes in the area is $1,617,500, and they are typically on the market for an average of 41 days. The average price per square foot is $686, making it an excellent place to invest in real estate.
If you are looking for a realtor in Rye, NY, look no further than Thomas Roberts or RealtorTom.
