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

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

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 signal is the median sold price of 1,963,000, which indicates the prevailing transaction-level value and suggests that recent sales are occurring well above typical asking benchmarks; given the marketTemperature is hot, sellers retain pricing power in realized transactions.
2. The median days on market of 367 points to slower sales velocity relative to typical suburban luxury markets and may indicate pricing friction or buyer selectivity despite elevated demand; combined with a characterization of relatively constrained active supply, this suggests transaction timing is protracted rather than rapid.
3. The median price per square foot of 672 reinforces premium pricing in Scarsdale and, together with a median listing price of 1,600,000 versus the higher realized sale benchmark, suggests some listings may be repriced upward or that sellers are achieving premium outcomes on closed deals.
4. Interest rate dynamics are a moderating factor: the current 30-year fixed mortgage rate of 6.56% is moderate pressure on buyers, and it is 0.57% higher than earlier 2026 levels, which may slow some demand even as priceYoYTrend and rentYoYTrend remain up.

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.