New Rochelle, NY—10801
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — New Rochelle, NY
As of Oct '25, the median home price in New Rochelle, NY is $748,000, with a year-over-year change of 3.5%. This indicates that home prices in New Rochelle, NY are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $748,000 | 3.5% |
| Single Family | $802,000 | 3.8% |
| Condos | $288,000 | 4.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $237,000 | 4.4% |
2 Bed | $434,000 | 5.3% |
3 Bed | $739,000 | 3.9% |
4 Bed | $852,000 | 5.4% |
| 5 Bed | $1,006,000 | 6.1% |
% of Housing Stock
Rental Trends — New Rochelle, NY
As of July '25, Rentcast reports the average rent in New Rochelle, NY is $3,230, with a year-over-year rent change of -5.8%. Per bedroom, the median rent as of July '25 in New Rochelle, NY is studios: $2,220, 1-bedrooms: $2,800, 2-bedrooms: $3,720, 3-bedrooms: $4,300, 4-bedrooms: $4,850. The most common rental property sizes in New Rochelle, NY are 1-bedroom and 2-bedroom, accounting for 42.3% and 28.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,000 | $3,230 |
| Studio Rent | $2,210 | $2,220 |
| 1 Bed Rent | $2,800 | $2,800 |
| 2 Bed Rent | $3,800 | $3,720 |
| 3 Bed Rent | $3,650 | $4,300 |
| 4 Bed Rent | $3,700 | $4,850 |
% of Rental Stock
Property Listings — New Rochelle, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in New Rochelle, NY is 71. This is a increase of 10.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $552,000 | 3.0% |
Listing Count | 81 | 104.0% |
| Listings as % of Homes | 0.2% | 104.0% |
Days on Market | 71 | 10.0% |
Demographics — New Rochelle, NY
As of the latest ACS Survey released in 2023, New Rochelle, NY has a population of 42,000, which has remained stable by 0.5% over the past 5 years. New Rochelle, NY is a moderately popular place for families, as children make up 19.0% of the population. The area has a moderately educated workforce, with 43.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 42,000 | 0.5% |
% Under 18 | 19.0% | -7.3% |
% Seniors | 15.0% | 8.7% |
% WFH | 14.6% | 265.0% |
% w/ College Degree | 43.2% | 33.7% |
As of the latest ACS Survey released in 2023, New Rochelle, NY is a predominantly hispanic area, with 36.1% of the population identifying as hispanic. The hispanic population has grown by 5.9% in the last 5 years. The second most common race or ethnicity in New Rochelle, NY is white, making up 29.7% of the population. Foreign-born residents account for 34.1% of the population in New Rochelle, NY, and this percentage has decreased by 4.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 29.7% | -7.2% |
% Black | 24.7% | -6.4% |
% Hispanic | 36.1% | 5.9% |
% Asian | 6.6% | 22.2% |
% Foreign Born | 34.1% | -4.7% |
Mortgage and Risk — New Rochelle, NY
According to HUD data as of 2023, there were 200 mortgage originations in New Rochelle, NY, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in New Rochelle, NY. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 200 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — New Rochelle, NY
As of 2024, the percent of homes in New Rochelle, NY under the Section 8 program is 22.1%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 4-bedroom units appear to be good home sizes to consider for Section 8 housing in New Rochelle, NY, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 2,326 |
Total Units Section 8 | 2,187 |
% Rentals under Section 8 | 22.1% |
% Occupied Section 8 | 83.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$300 | $2,800 | $2,500 |
| 2 Bedroom | -$1,030 | $3,800 | $2,770 |
| 3 Bedroom | -$200 | $3,650 | $3,450 |
| 4 Bedroom | $20 | $3,700 | $3,720 |
Affordability — New Rochelle, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.7 |
| Median Home Price | $748,000 |
| Median Household Income | $83,500 |