Rye, NY—10580
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rye, NY
As of Oct '25, the median home price in Rye, NY is $2,196,000, with a year-over-year change of 4.8%. This indicates that home prices in Rye, NY are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $2,196,000 | 4.8% |
| Single Family | $2,367,000 | 4.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $779,000 | 5.6% |
3 Bed | $1,436,000 | 6.4% |
4 Bed | $2,141,000 | 5.2% |
| 5 Bed | $3,277,000 | 3.8% |
% of Housing Stock
Rental Trends — Rye, NY
As of July '25, Rentcast reports the average rent in Rye, NY is $5,440, with a year-over-year rent change of -4.2%. Per bedroom, the median rent as of July '25 in Rye, NY is studios: $5,500, 1-bedrooms: $2,910, 2-bedrooms: $5,210, 3-bedrooms: $6,850, 4-bedrooms: $7,040. The most common rental property sizes in Rye, NY are 1-bedroom and 3-bedroom, accounting for 43.8% and 21.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,700 | $5,440 |
| Studio Rent | $5,500 | $5,500 |
| 1 Bed Rent | $2,650 | $2,910 |
| 2 Bed Rent | $4,500 | $5,210 |
| 3 Bed Rent | $6,500 | $6,850 |
| 4 Bed Rent | $7,700 | $7,040 |
% of Rental Stock
Property Listings — Rye, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Rye, NY is 42. This is a decrease of -19.0% 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 6.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $2,630,000 | -3.0% |
Listing Count | 65 | 86.0% |
| Listings as % of Homes | 0.6% | 86.0% |
Days on Market | 42 | -19.0% |
Demographics — Rye, NY
As of the latest ACS Survey released in 2023, Rye, NY has a population of 18,100, which has increased by 3.9% over the past 5 years. Rye, NY is a popular place for families, as children make up 29.4% of the population. The area has a highly educated workforce, with 80.9% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 26.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,100 | 3.9% |
% Under 18 | 29.4% | -0.7% |
% Seniors | 14.1% | -8.4% |
% WFH | 26.5% | 138.7% |
% w/ College Degree | 80.9% | 7.7% |
As of the latest ACS Survey released in 2023, Rye, NY is a predominantly white area, with 77.1% of the population identifying as white. The white population has shrunk by 6.7% in the last 5 years. The second most common race or ethnicity in Rye, NY is asian, making up 7.0% of the population. Foreign-born residents account for 19.8% of the population in Rye, NY, and this percentage has increased by 15.8% 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 | 77.1% | -6.7% |
% Black | 1.7% | 54.5% |
% Hispanic | 6.8% | 3.0% |
% Asian | 7.0% | 18.6% |
% Foreign Born | 19.8% | 15.8% |
Mortgage and Risk — Rye, NY
According to HUD data as of 2023, there were 226 mortgage originations in Rye, NY, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 1.0% above 90% LTV (normal). This implies small mortgage risk in Rye, NY. Investor activity is low, as 2.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 226 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Rye, NY
As of 2024, the percent of homes in Rye, NY under the Section 8 program is 7.5%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Rye, NY, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 126 |
Total Units Section 8 | 126 |
% Rentals under Section 8 | 7.5% |
% Occupied Section 8 | 96.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $1,120 | $2,650 | $3,770 |
| 2 Bedroom | -$330 | $4,500 | $4,170 |
| 3 Bedroom | -$1,300 | $6,500 | $5,200 |
| 4 Bedroom | -$2,090 | $7,700 | $5,610 |
Affordability — Rye, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.9 |
| Median Home Price | $2,196,000 |
| Median Household Income | $242,000 |