Bronx, NY 10459 Real Estate Market Report

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

---

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 Bronx, NY 10459 are averaging 6.38%, which is 0.29% lower than the 6.67% average from March 2025.

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

---

Key Findings

1. The median sold price of $580,500 reflects a stable market with recent price appreciation up.

2. With median days on market at 384, the market is experiencing slower sales velocity, indicating a potential need for pricing adjustments.

3. Elevated inventory levels suggest excess supply relative to sales activity, which may lead to increased negotiation power for buyers.

4. The median market rent of $3,316 supports strong rental demand, indicating a healthy rental market despite broader economic concerns.

5. Current interest rate pressure is moderate, with 30-year fixed mortgage rates averaging 6.38%, slightly lower than last year, which may encourage buyer activity.

---

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.