Armonk, NY 10504 Real Estate Market Report

ZIP Code: 10504
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

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Key Findings

1. The market value signal is the median sold price $1,661,000, which serves as the representative recent sale and anchors pricing expectations for both single-family and condominium segments; up price momentum supports ongoing appreciation.

2. There is a meaningful gap between the median listing price $4,244,500 and the median sold price $1,661,000, which may indicate seller pricing optimism relative to transaction-clearing levels and could produce pricing friction in negotiations.

3. Liquidity appears slow on a velocity basis given the median days on market 360, which suggests extended marketing periods and may indicate moderate sales velocity despite stronger price trends.

4. Market context shows a hot market temperature combined with moderate interest rate pressure and a median price per square foot $535, implying continued buyer interest but potential sensitivity to financing costs; inventory currently reads as relatively constrained active supply, which may keep upward pressure on values if demand remains strong.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Armonk, NY 10504 Real Estate Market Report

ZIP Code: 10504
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Liquidity & Velocity

Liquidity metrics unavailable due to insufficient data quality.

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

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Key Findings

1. The median sold price is not provided in the available metrics, so a representative recent sale price cannot be stated; this absence may reflect limited closed-transaction reporting or timing lags in the data feed (median sold price unavailable).

2. The price year-over-year trend: up combined with a market temperature: hot suggests continuing price appreciation and competitive conditions for buyers and sellers, though up and hot reflect directional strength rather than a quantified change.

3. The median market rent: $5,200 indicates strong rental pricing in the area, but the rent year-over-year trend is unavailable, so momentum in rental growth cannot be confirmed (rent YoY trend not reported).

4. The analysis is based on a sample of 10 sold properties analyzed, which limits statistical certainty; given the small transaction sample, reported trends should be treated with caution and cross-checked against larger datasets or recent closed sales to confirm pricing and liquidity signals (limited sample size).

5. With interest rate pressure: moderate, buyers may be selectively active and financing-driven decisions could temper bidding intensity despite a hot market temperature; monitor rate movements as they may moderate near-term transaction velocity.

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