Market Snapshot
- Median listing price
- $1.41M
- Median rent
- $3,600/mo
- Days on market
- 417 days
- Gross rental yield
- 3.06%
- STR vs LTR
- $2,533/mo STR · $3,600/mo LTR
The median listing price in Pelham, NY ZIP 10803 is $1,414,000 as of June 2026.
The median market rent in Pelham, NY ZIP 10803 is $3,600/month as of June 2026.
The median days on market in Pelham, NY ZIP 10803 is 417 days as of June 2026. The market is currently hot.
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.
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
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.
Market Metrics
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
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
Liquidity & Velocity
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.
Key Findings
- 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.
- 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.
- 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.
- 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
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold at market average
Sold above market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold at market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.50% rate, 2.4% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 6/1/2026
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