New Rochelle, NY—10805
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 $548,000, with a year-over-year change of 4.6%. This indicates that home prices in New Rochelle, NY are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $548,000 | 4.6% |
| Single Family | $818,000 | 5.0% |
| Condos | $246,000 | 8.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $212,000 | 10.4% |
2 Bed | $371,000 | 9.8% |
3 Bed | $761,000 | 4.2% |
4 Bed | $995,000 | 5.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — New Rochelle, NY
As of July '25, Rentcast reports the average rent in New Rochelle, NY is $2,910, with a year-over-year rent change of -18.0%. Per bedroom, the median rent as of July '25 in New Rochelle, NY is studios: $1,800, 1-bedrooms: $2,230, 2-bedrooms: $2,910, 3-bedrooms: $4,380, 4-bedrooms: $6,500. The most common rental property sizes in New Rochelle, NY are 2-bedroom and 1-bedroom, accounting for 36.1% and 34.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,450 | $2,910 |
| Studio Rent | $1,800 | $1,800 |
| 1 Bed Rent | $2,200 | $2,230 |
| 2 Bed Rent | $2,940 | $2,910 |
| 3 Bed Rent | $3,800 | $4,380 |
| 4 Bed Rent | $6,500 | $6,500 |
% 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 56. This is a increase of 8.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $289,000 | -5.0% |
Listing Count | 60 | 71.0% |
| Listings as % of Homes | 0.4% | 71.0% |
Days on Market | 56 | 8.0% |
Demographics — New Rochelle, NY
As of the latest ACS Survey released in 2023, New Rochelle, NY has a population of 21,200, which has increased by 10.5% over the past 5 years. New Rochelle, NY is a moderately popular place for families, as children make up 15.5% of the population. The area has a moderately educated workforce, with 35.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,200 | 10.5% |
% Under 18 | 15.5% | -9.4% |
% Seniors | 22.6% | 22.8% |
% WFH | 12.1% | 290.3% |
% w/ College Degree | 35.0% | -7.4% |
As of the latest ACS Survey released in 2023, New Rochelle, NY is a predominantly hispanic area, with 38.9% of the population identifying as hispanic. The hispanic population has grown by 2.6% in the last 5 years. The second most common race or ethnicity in New Rochelle, NY is white, making up 38.1% of the population. Foreign-born residents account for 31.5% of the population in New Rochelle, NY, and this percentage has increased by 1.0% 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 | 38.1% | -1.6% |
% Black | 17.0% | -12.8% |
% Hispanic | 38.9% | 2.6% |
% Asian | 4.5% | 7.1% |
% Foreign Born | 31.5% | 1.0% |
Mortgage and Risk — New Rochelle, NY
According to HUD data as of 2023, there were 138 mortgage originations in New Rochelle, NY, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in New Rochelle, NY. Investor activity is low, as 1.0% 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 | 138 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
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 9.7%. 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 New Rochelle, 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 | 497 |
Total Units Section 8 | 465 |
% Rentals under Section 8 | 9.7% |
% Occupied Section 8 | 81.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $300 | $2,200 | $2,500 |
| 2 Bedroom | -$170 | $2,940 | $2,770 |
| 3 Bedroom | -$350 | $3,800 | $3,450 |
| 4 Bedroom | -$2,780 | $6,500 | $3,720 |
Affordability — New Rochelle, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $548,000 |
| Median Household Income | $90,000 |