๐Ÿ“Š Updated weekly with real market data ยท Last updated: March 12, 2026 ยท Powered by FarmPosts
Market Report

Scarsdale, NY Real Estate Market

4-week rolling average ยท Data through March 12, 2026 ยท ZIP 10583

$2.10M
Median Sale Price
$1.70M
Median List Price
12
Days on Market
Median Rent
$5K/mo
Median rental listing price
Rental Inventory
48
Active rental listings
๐Ÿ’ก
Key Market Insight

Scarsdale, NY (10583) is running hot with a market temperature score of 89 out of 100 and a median sale price of $2,100,000 that significantly exceeds the median list price of $1,695,000, signaling strong buyer competition and frequent above-ask sales. Homes are moving quickly with a median of just 12 days on market, and active inventory stands at 145 homes. At $610.92 per square foot, this is a premium market where demand is clearly outpacing supply.

๐Ÿฆ
30-Year Fixed Rate
6.0%

Market Activity

Active Inventory145
Price per Sq Ft$611

By Bedroom

BedsSale PriceRent
1BR$279K$3K/mo
2BR$489K$4K/mo
3BR$1.07M$6K/mo
4BR$1.50M$6K/mo
5BR$2.27M$8K/mo
6BR$3.85Mโ€”
7BR$6.25M$10K/mo
8BR$6.44Mโ€”
Market Temperature
Buyer's MarketBalancedSeller's Market
๐Ÿ”ฅ Hot โ€” Strong Seller's Market

What This Means For You

๐Ÿ Sellers

Sellers are in an exceptionally strong position as homes are closing at a median of $2,100,000 against a median list price of $1,695,000, reflecting robust buyer demand. With a median of only 12 days on market and 145 active listings, well-priced homes are attracting serious attention quickly.

๐Ÿ”‘Buyers

Buyers entering this market should be prepared for competitive conditions, as the median sale price of $2,100,000 is running well above the median list price of $1,695,000. Acting decisively is important given the 12-day median days on market, and buyers should come with financing pre-approved and offers ready to submit promptly.

๐Ÿ“ˆInvestors

The rental market in Scarsdale offers meaningful income potential, with median rent at $4,500 per month and rental inventory limited to just 48 units, suggesting strong rental demand relative to supply. A 3-bedroom rental commands $6,200 per month while a 2-bedroom asks $3,950, providing investors with tiered income options across a tight rental pool.

๐ŸฆRates

The current 30-year fixed mortgage rate of 6.00% and 15-year rate of 5.43% represent a meaningful cost consideration when financing homes at Scarsdale's median sale price of $2,100,000. Buyers who can qualify for the 15-year option at 5.43% will see notable interest savings over the life of the loan, though monthly payments will be substantially higher.

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Data sources: Rentcast ยท Zillow ยท Federal Reserve (FRED)

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