Larchmont, NY 10538 Real Estate Market Report

ZIP Code: 10538
Report Date: April 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Larchmont stands at $1,682,000, reflecting a robust market despite some fluctuations. This indicates a strong demand for properties, as evidenced by the upward trend in prices. The neighborhood has increased 15% since 2023, showcasing a significant appreciation in property values. The market is characterized by a hot temperature, suggesting a competitive environment for buyers and sellers alike.

Transaction activity appears moderate, with elevated inventory levels relative to sales. The median days on market is 362, indicating slower sales velocity, which may suggest a cautious approach by buyers in the current climate. However, the overall trend points toward a healthy market, with steady rental demand and a median market rent of $3,290. This combination of factors highlights a dynamic real estate environment in Larchmont, where sellers may benefit from current pricing conditions while buyers navigate a competitive landscape.

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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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Property Taxes

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Liquidity & Velocity

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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 of $1,682,000 indicates strong buyer interest in Larchmont, reflecting a competitive market.

2. With a median days on market of 362, properties are experiencing slower sales velocity, suggesting potential pricing friction.

3. The median listing price of $1,822,000 shows a notable gap compared to the sold price, indicating seller expectations may be higher than market realities.

4. The market temperature is classified as hot, which may indicate a favorable environment for sellers despite the elevated days on market.

5. Rental demand remains stable, with a median market rent of $3,290, suggesting ongoing interest in rental properties in the area.

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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.