Is Irvington, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Irvington was a Buyer's Market.
Housing Prices in Irvington, NY
How much do homes in Irvington, NY cost?
Median Sold Price
$950,000
$435/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Irvington was $950,000 in May 2024, up 5.6% from last year, and the median price per square foot was $435.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $402.5K | $190K | -52.8% |
2 Bedrooms | $374.5K | $762.7K | +103.7% |
3 Bedrooms | $899K | $840K | -6.6% |
4 Bedrooms | $1.2M | $1.2M | -0.9% |
5+ Bedrooms | $1.9M | $1.7M | -8.3% |
Summary: Irvington housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 52.8%, 2 bedroom homes increased by 103.7%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes decreased by 8.3%.
Median Sold Price Compared To Nearby Cities
Ardsley | $780K | $880K | +12.8% |
Dobbs Ferry | $830K | $907K | +9.3% |
Greenburgh | $678.1K | $723.7K | +6.7% |
Irvington | $900K | $950K | +5.6% |
Tarrytown | $649.5K | $685.5K | +5.6% |
Housing Supply in Irvington, NY
How many homes are available in Irvington, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
50 | 63 | +26.0% |
Summary: The Irvington real estate market had 63 homes for sale in May 2024, a 26.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 5 | 0.0% |
2 Bedrooms | 16 | 16 | 0.0% |
3 Bedrooms | 12 | 17 | +41.7% |
4 Bedrooms | 7 | 12 | +71.4% |
5+ Bedrooms | 10 | 13 | +30.0% |
Summary: The Irvington housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 41.7%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes increased by 30%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 10 | +233.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Irvington in May 2024, up by 233.3% month-over-month. Of the 10 sold homes, 30% were sold under asking, 20% were sold at asking, and 50% were sold over asking.
Days on Market for Irvington, NY
How long does it take to sell a home in Irvington, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
84 Days | 34 Days | -59.2% |
Summary: Homes in Irvington had an average of 34 days on market in May 2024, down by 59.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in Irvington; 80% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.