Westchester County, New York Housing Market
In Westchester County, New York, the median home value is $663,200, with a median monthly rent of $1,951. This places Westchester County at #62 nationally out of 3134 counties by median home value, and #6 within New York.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,794
- Establishments: 36,935
- BLS QCEW, 2025
Housing Supply
- Single-family: 287
- Multi-family: 709
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 416,915 (avg $219,047)
- Outflow: 416,834 (avg $219,320)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Westchester County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 10501 | 208.0 | -14.87% | 2025 |
| 2 | 10560 | 201.7 | +11.24% | 2025 |
| 3 | 10506 | 220.4 | +19.94% | 2025 |
| 4 | 10514 | 219.9 | +21.03% | 2025 |
| 5 | 10538 | 294.2 | +18.24% | 2025 |
| 6 | 10707 | 265.6 | +10.65% | 2025 |
| 7 | 10533 | 256.7 | +5.56% | 2025 |
| 8 | 10591 | 288.2 | +14.50% | 2025 |
| 9 | 10594 | 256.6 | +0.51% | 2025 |
| 10 | 10804 | 256.2 | +6.80% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
🔗 Explore Westchester County on Our Sister Sites
Get the complete picture for Westchester County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Westchester County Compares
| Metric | Westchester County | New York Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $663,200 | $281,200 | $227,706 |
| Median Gross Rent | $1,951 | $1,168 | $968 |
| Owner Occupancy Rate | 61.8% | 69.3% | 73.3% |
| Price/Rent Ratio | 28.3 | 18.4 | 18.7 |
Market Analysis
The median home value in Westchester County is 135.8% above the New York state average and 191.3% above the U.S. national average. The median rent of $1,951/month is 67.0% above the state average.
With a price-to-rent ratio of 28.3, Westchester County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.
Westchester County has an owner-occupancy rate of 61.8%, compared to 69.3% in New York and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Broomfield County | Colorado | $664,500 | $2,126 |
| Chaffee County | Colorado | $665,700 | $1,611 |
| Hood River County | Oregon | $660,000 | $1,417 |
| Gallatin County | Montana | $667,600 | $1,694 |
| Valley County | Idaho | $657,000 | $1,117 |
Other Counties in New York
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Richmond County | $675,500 | $1,733 | 67.7% |
| Nassau County | $684,700 | $2,252 | 81.9% |
| Queens County | $723,800 | $1,956 | 44.9% |
| Rockland County | $596,900 | $1,901 | 67.9% |
| Suffolk County | $578,400 | $2,255 | 82.2% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).