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Market Snapshot

Median listing price
$1.41M

The median listing price in Pelham, NY ZIP 10803 is $1,414,000 as of June 2026.

Median rent
$3,600/mo

The median market rent in Pelham, NY ZIP 10803 is $3,600/month as of June 2026.

Days on market
417 days

The median days on market in Pelham, NY ZIP 10803 is 417 days as of June 2026. The market is currently hot.

Gross rental yield
3.06%

At a median list price of $1,414,000 and a median rent of $3,600/month, the gross rental yield in Pelham, NY ZIP 10803 is 3.06% as of June 2026.

STR vs LTR
$2,533/mo STR · $3,600/mo LTR

In Pelham, NY ZIP 10803, median Airbnb revenue is $2,533/month compared to median long-term rent of $3,600/month as of June 2026.

Pelham, NY 10803 Real Estate Market Report

ZIP Code: 10803

Report Date: June 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.


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.

Analysis Window
90 Days
Total Properties Analyzed
25
Active Listings
11
Sold Properties
14

Market Metrics

Median Listing Price
$1,414,000
Median Sold Price
$1,435,500
Median Price per Sqft
$548/sqft

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

Median Market Rent
$3,600

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.


Property Taxes

Property Tax Rate
2.42%

Liquidity & Velocity

Median Days on Market
417
Sale-to-List Ratio
100.0%

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.

Price YoY Trend
up
Market Temperature
hot
Rent YoY Trend
up
Interest Rate Pressure
moderate

Key Findings

  1. The primary market indicator is the 1,435,500 median sold price, which signals realized transaction value in June 2026 and aligns with a hot market temperature and a price year-over-year trend categorized as up.
  2. Despite the strong median sold price, the 417 median days on market suggests slower sales velocity and possible pricing friction; this extended time-to-contract may indicate that some listings require patience to reach the recorded median sold price and appears as a softening signal in liquidity.
  3. The 1,414,000 median listing price sits very close to the median sold price, which suggests sellers are generally achieving near-asking outcomes in a market that remains competitive for desirable single-family and condominium properties.
  4. Rental dynamics show a 3,600 median market rent with rent year-over-year trend up, while interest rate pressure is labeled moderate; together these factors support persistent demand but counsel caution on financing sensitivity for buyers and investors.

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.

Recent Transactions

1415 Park Ln, Pelham, NY 10803
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

- beds- baths3,900 sqft
$2,800,000
Mar 1, 2026
$718/sqft/sqft
650 Ely Ave, Pelham, NY 10803
Market Benchmark

Sold at market average

5 beds4 baths4,383 sqft
$2,500,000
May 1, 2026
$570/sqft/sqft
90 days on market
443 Highbrook Ave, Pelham, NY 10803
Premium

Sold above market average

5 beds3 baths3,042 sqft
$2,350,000
Apr 1, 2026
$773/sqft/sqft
143 days on market
425 Washington Ave, Pelham, NY 10803
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

5 beds3 baths2,222 sqft
$1,605,000
Mar 1, 2026
$722/sqft/sqft
124 days on market
410 Third Ave, Pelham, NY 10803
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths1,536 sqft
$1,580,000
May 1, 2026
$1,029/sqft/sqft
1023 Washington Ave, Pelham, NY 10803
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths2,010 sqft
$1,575,000
Mar 1, 2026
$784/sqft/sqft
335 Sixth Ave, Pelham, NY 10803
Value

Sold below market average

3 beds1 baths1,569 sqft
$675,000
Apr 1, 2026
$430/sqft/sqft
523 First Ave, Pelham, NY 10803
Market Benchmark

Sold at market average

2 beds2 baths1,130 sqft
$563,022
May 1, 2026
$498/sqft/sqft
75 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$6,977/mo
10803 Avg Rent
10803 Cost to Own
Rent$3,600
Own$10,577

20% down, 6.50% rate, 2.4% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

10803 Avg nightly rate
10803 Avg occupancy (days/year)
Nightly rate$195/night
Occupancy164 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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