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