Tarrytown, NY 10591 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

Key Findings

1. The neighborhood's primary market indicator is the median sold price 1,443,500, which should be prioritized over asking prices when setting comps and valuation assumptions given it represents realized transactions; combined with a median days on market of 363, this suggests a slower sales velocity that may require patient pricing strategies.
2. The gap between the median listing price 3,207,500 and the median sold price 1,443,500 points to pricing friction and elevated seller expectations; this disparity may indicate listings are positioned above what buyers are transacting for, so price reductions or staged concessions could accelerate closings.
3. Market-level signals are supportive: price trends are up and the market temperature is reported as hot, while rent trends are also up and the median market rent is 3,300; these factors suggest upside pressure on values and potential strength for investor interest in SFR and condo rentals.
4. Use the median price per square foot 527 together with observed liquidity metrics to size offers conservatively—interest rate pressure is described as moderate, so buyers should expect some rate-related affordability constraints while sellers can still market aggressively; consider contingency timing and financing flexibility in deal structuring.

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.