Bronx, NY 10459 Real Estate Market Report

ZIP Code: 10459
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

---

Executive Overview

The median sold price in Bronx, NY (ZIP: 10459) stands at $645,000, reflecting a market that has shown an upward price trend year-over-year. This increase suggests a strengthening in property values, despite a shift towards a more balanced market where buyers are gaining some negotiating power. The market temperature is currently classified as neutral, indicating that neither buyers nor sellers have a distinct advantage, which may contribute to a more stable pricing environment moving forward.

Transaction activity appears to be moderate, with properties spending a median of 256 days on market. This extended period may indicate slower sales velocity, potentially due to elevated inventory levels relative to sales activity. As the market adjusts, the robust rental demand continues to support the overall housing landscape, with a median market rent of $3,316. The current interest rate pressure is categorized as moderate, with mortgage rates significantly lower than the previous year, providing potential cost advantages for buyers.

---

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.

---

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.

---

Rental Market

---

Property Taxes

---

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.

---

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Bronx market, around 5.98% to 6.12%, are significantly lower than the 6.85% average seen a year ago, presenting a cost opportunity for recent owners.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

---

Key Findings

1. $645,000 is the median sold price, indicating a year-over-year price increase and suggesting a strengthening market.

2. Properties are taking a median of 256 days on market, reflecting slower sales velocity and potential pricing friction.

3. The market temperature is neutral, indicating balanced conditions between buyers and sellers.

4. Median market rent is $3,316, supporting robust rental demand in the area.

5. Current mortgage rates range from 5.98% to 6.12%, significantly lower than last year's average, presenting a cost opportunity for buyers.

---

Notable Properties

The following 3 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.