Scarsdale, NY 10583 Real Estate Market Report

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

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

Key Findings

1. The neighborhood's primary market value indicator is the median sold price of 1,714,500, which alongside a higher median listing price of 1,838,000 suggests seller expectations exceed recent transaction levels; this pricing gap may indicate pricing friction.
2. The median days on market of 358 signals slower sales velocity despite a hot market temperature, so individual transactions appear to take longer to close and slower velocity may reflect negotiation or pricing sensitivity rather than a lack of demand.
3. Market-level indicators show strengthening fundamentals: market temperature is hot with price year-over-year trend up and rent year-over-year trend up; the median price per square foot of 574 and median market rent of 6,500 underline sustained pricing power for both SFR and condominium segments.
4. Interest rate pressure is described as moderate and current 30-year fixed mortgage rates of 6.59% (higher than ~6.0% earlier in 2026) may temper some buyer urgency, so expect cautious buyer behavior even as local pricing remains supported.

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.