4-week rolling average ยท Data through March 12, 2026 ยท ZIP 10583
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.
| Beds | Sale Price | Rent |
|---|---|---|
| 1BR | $279K | $3K/mo |
| 2BR | $489K | $4K/mo |
| 3BR | $1.07M | $6K/mo |
| 4BR | $1.50M | $6K/mo |
| 5BR | $2.27M | $8K/mo |
| 6BR | $3.85M | โ |
| 7BR | $6.25M | $10K/mo |
| 8BR | $6.44M | โ |
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.
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.
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.
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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