Westchester Home Prices Surge in 2025 Amid Bidding Wars and Tight Inventory

Written By: Robert Cox

WESTCHESTER COUNTY, NY (January 17, 2026) — Westchester County’s residential real estate market closed 2025 with strong price appreciation across single-family homes, condos and co-ops, recording more than $7.5 billion in total closed sales volume.

The Zach & Heather Harrison Team at Compass, in Westchester County, released its 2025 market report showing county-wide price growth despite severely constrained inventory.

“2025 proved that buyer demand in Westchester is incredibly resilient,” said Zach Harrison, co-leader of the team. “Single-family sales rose again, prices moved higher across the board and well-priced listings continued to draw multiple offers. Even with rates and headlines shifting throughout the year, buyers showed up in force whenever the right home hit the market.”

Single-family home sales increased 4.3 percent county-wide in 2025, with sold volume rising 10.6 percent from about $5.7 billion in 2024 to more than $6.3 billion. The median single-family price climbed 6.5 percent to $985,000, and the average price rose 6.0 percent to $1,314,056.

Condos saw median prices increase 5.9 percent, while co-op median prices jumped 8.4 percent compared with 2024.

“We continue to see strong demand from New York City buyers who want more space, great schools and a different pace of life,” said Heather Harrison. “That city-to-suburbs pipeline, combined with extremely low inventory, is what keeps this market competitive. In many of Westchester’s core towns, bidding wars actually picked up in the second half of the year, and buyers had to be ready with their best terms from day one.”

Active single-family listings in September 2025 totaled roughly 1,700 county-wide, down 67 percent from more than 5,100 in September 2019.

Several towns posted notable gains. In Chappaqua, single-family sales rose 22.5 percent and average days on market fell 24.4 percent. Mamaroneck’s median single-family price increased 15.0 percent to $1,845,000. Scarsdale’s average single-family price climbed 15.8 percent to $2,784,365.

The team’s updated Bidding War Intensity analysis identified the most competitive markets based on year-over-year declines in average days on market for single-family homes. Bronxville P.O. led with a 46.2 percent drop, followed by Purchase P.O. (36.6 percent) and Bronxville (32.8 percent).

“As we look ahead to the 2026 spring market, we do not expect a flood of new inventory to suddenly appear,” Zach Harrison said. “Serious buyers are still out there, and when the right home comes on, they are prepared to move quickly and bid aggressively.”

Heather Harrison added, “For buyers, the key is preparation. You need a clear strategy, realistic expectations and an advisor who understands how each town behaves at different price points. In a market this tight, local expertise can be the difference between watching a listing go pending and actually winning the house.”

All statistics are based on OneKey MLS data for Westchester County comparing 2024 and 2025.

This article was drafted with the aid of Grok, an AI tool by xAI, under the direction and editing of Robert Cox to ensure accuracy and adherence to journalistic standards.


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