As we move through the second half of 2026, the Westchester County real estate market continues to show strength while settling into a healthier, more balanced pace than we've seen in recent years.
The intense competition of the pandemic market has eased slightly, but Westchester County remains a seller's market where desirable homes continue to move quickly. Buyers have a little more breathing room than they did a few years ago, yet well-priced homes in sought-after communities are still attracting significant interest.
Whether you're thinking about buying or selling, understanding today's local market is the key to making confident decisions.
Westchester County Continues to Favor Sellers
The median price of a single-family home in Westchester County is now approximately $999,000—an increase of about 5.3% over last year. While buyers have become more selective, demand remains strong, especially for turnkey homes in desirable neighborhoods.
Most homes are selling in 19 to 30 days, and properly priced properties frequently receive multiple offers with sale-to-list price ratios at—or even above—100%.
Simply put, buyers still need to be prepared, and sellers still have excellent opportunities when their homes are priced correctly.
The Market Is Becoming More Intentional
One of the biggest shifts we've seen throughout 2026 isn't necessarily prices—it's buyer behavior.
Today's buyers are taking a little more time before making offers. They're comparing homes, evaluating monthly affordability, and looking closely at long-term value rather than rushing into every new listing.
Mortgage rates remain higher than many buyers would like, but the market hasn't stopped. Instead, it's become more thoughtful.
For serious buyers, preparation is everything. Having financing in place and being ready to move quickly when the right home appears can still make all the difference.
Every Part of Westchester Looks Different
One of the most important things to remember is that real estate has become hyper-local.
Communities like Scarsdale, Rye, and Larchmont continue attracting strong demand from buyers relocating from New York City, with many homes selling well above $1.1 million.
Meanwhile, buyers searching for more space, larger lots, or greater affordability are increasingly looking toward Northern Westchester, where they can often find exceptional value without sacrificing lifestyle.
No two neighborhoods are performing exactly the same—which makes local expertise more valuable than ever.
Condos, Co-ops & Rentals
Westchester continues to offer options for a variety of buyers.
The median condominium price sits around $527,000, while co-ops remain one of the county's most affordable paths to homeownership with a median price near $231,000.
For those renting, the median monthly rent is approximately $3,400. Rental inventory has improved compared to the peak pandemic years, giving tenants slightly more choices than they've had in recent memory.
Advice for Buyers
While inventory has improved modestly from the ultra-competitive market of recent years, desirable homes are still moving quickly.
Today's buyers should:
- Get pre-approved before starting their search.
- Be prepared to act when the right home becomes available.
- Focus on long-term value rather than trying to perfectly time the market.
Advice for Sellers
Today's buyers are informed and price-conscious.
Homes that are professionally presented and strategically priced continue to sell quickly—often with multiple offers. However, listings that are overpriced are sitting on the market longer and are more likely to require price reductions.
Pricing your home correctly from day one remains one of the most important factors in achieving the best possible outcome.
Final Thoughts
The Westchester market may feel different than it did a few years ago, but different doesn't mean weak. It means more balanced, more strategic, and more local.
Whether you're buying your first home, moving up, downsizing, or relocating to Westchester, success starts with understanding what's happening in your specific neighborhood—not just the national headlines.
At GSL Signature Properties, we're here to help you navigate every step with local expertise, honest advice, and personalized guidance.
Thinking about making a move? We'd love to discuss your goals and help you build the right strategy for today's market.
