Armonk, NY 10504 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Armonk, NY—10504

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$1,703,000

5.4% YoY Growth

Household Income

$247,000

18.8% YoY Growth

Days on Market

39.0% Shorter YoY

Home Price Forecast

1.7%

Median Rent

$5,000

19.4% YoY Growth

1-Bed Rent

$4,200

9.5% YoY Growth

2-Bed Rent

$5,200

10.4% YoY Growth

3-Bed Rent

$7,000

1.0% YoY Growth

Home Price Trends — Armonk, NY

As of May '26, the median home price in Armonk, NY is $1,703,000, with a year-over-year change of 5.4%. This indicates that home prices in Armonk, NY are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$1,703,000	5.4%
Single Family	$1,719,000	5.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Armonk, NY

As of July '25, Rentcast reports the average rent in Armonk, NY is $5,200, with a year-over-year rent change of -19.4%. Per bedroom, the median rent as of July '25 in Armonk, NY is studios: $2,300, 1-bedrooms: $4,490, 2-bedrooms: $5,630, 3-bedrooms: $7,000, 4-bedrooms: $7,900. The most common rental property sizes in Armonk, NY are 2-bedroom and 4-bedroom, accounting for 42.3% and 20.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$5,000	$5,200
Studio Rent	$2,300	$2,300
1 Bed Rent	$4,200	$4,490
2 Bed Rent	$5,200	$5,630
3 Bed Rent	$7,000	$7,000
4 Bed Rent	$7,900	$7,900

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% of Rental Stock

Studio

14.6%

1 Bedroom

13.1%

2 Bedrooms

42.3%

3 Bedrooms

9.2%

4 Bedrooms

20.8%

Property Listings — Armonk, NY

As of May '26, Realtor.com reports that the median days on market for a home in Armonk, NY is 37. This is a decrease of -39.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$2,850,000	20.0%
Listing Count	33	-48.0%
Listings as % of Homes	0.7%	-48.0%
Days on Market	37	-39.0%

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Demographics — Armonk, NY

As of the latest ACS Survey released in 2023, Armonk, NY has a population of 7,850, which has decreased by -4.9% over the past 5 years. Armonk, NY is a popular place for families, as children make up 26.9% of the population. The area has a highly educated workforce, with 81.1% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 27.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	7,850	-4.9%
% Under 18	26.9%	-3.9%
% Seniors	17.3%	18.5%
% WFH	27.2%	180.4%
% w/ College Degree	81.1%	0.4%

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As of the latest ACS Survey released in 2023, Armonk, NY is a predominantly white area, with 75.5% of the population identifying as white. The white population has shrunk by 11.9% in the last 5 years. The second most common race or ethnicity in Armonk, NY is hispanic, making up 9.2% of the population. Foreign-born residents account for 13.9% of the population in Armonk, NY, and this percentage has increased by 3.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	75.5%	-11.9%
% Black	1.9%	280.0%
% Hispanic	9.2%	24.3%
% Asian	7.6%	100.0%
% Foreign Born	13.9%	3.0%

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Mortgage and Risk — Armonk, NY

According to HUD data as of 2023, there were 145 mortgage originations in Armonk, NY, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in Armonk, NY. Investor activity is low, as 0.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	145
% Conventional Loans	97.0%
% Government Loans	3.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	6.0%

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Rentals and Section 8 — Armonk, NY

As of 2024, the percent of homes in Armonk, NY under the Section 8 program is 2.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Armonk, NY, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD	3
Total Units Section 8	3
% Rentals under Section 8	2.3%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$430	$4,200	$3,770
2 Bedroom	-$1,030	$5,200	$4,170
3 Bedroom	-$1,800	$7,000	$5,200
4 Bedroom	-$2,290	$7,900	$5,610

Armonk, NY—10504

Key Metrics at a Glance

Home Price Trends — Armonk, NY

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Armonk, NY

% of Rental Stock

Property Listings — Armonk, NY

Demographics — Armonk, NY

Race and Ethnicity

Mortgage and Risk — Armonk, NY

Mortgages

Rentals and Section 8 — Armonk, NY

Section 8 Market Size

Section 8 Opportunity

Affordability — Armonk, NY

Home Price to Income Ratio

Armonk, NY — ZIP Code Boundary Map

Nearby ZIP Codes

Greenwich, CT

Thornwood, NY

Mount Kisco, NY

Chappaqua, NY

White Plains, NY

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	6.3
Median Home Price	$1,703,000
Median Household Income	$247,000

Armonk, NY—10504

Key Metrics at a Glance

Home Price Trends — Armonk, NY

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Armonk, NY

% of Rental Stock

Property Listings — Armonk, NY

Demographics — Armonk, NY

Race and Ethnicity

Mortgage and Risk — Armonk, NY

Mortgages

Rentals and Section 8 — Armonk, NY

Section 8 Market Size

Section 8 Opportunity

Affordability — Armonk, NY

Home Price to Income Ratio

Armonk, NY — ZIP Code Boundary Map

Nearby ZIP Codes

Greenwich, CT

Thornwood, NY

Mount Kisco, NY

Chappaqua, NY

White Plains, NY

Frequently Asked Questions

What is the average home price in Armonk, NY 10504?

How have home prices in Armonk, NY 10504 changed over the past year?

What is the home price projection for Armonk, NY 10504?

What are the demographics of Armonk, NY 10504?

How long does it take homes to sell in Armonk, NY 10504?

What is the average rent price in Armonk, NY 10504?