Port Chester, NY—10573
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Port Chester, NY
As of Nov '25, the median home price in Port Chester, NY is $844,000, with a year-over-year change of 6.7%. This indicates that home prices in Port Chester, NY are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $844,000 | 6.7% |
| Single Family | $902,000 | 6.9% |
| Condos | $282,000 | 4.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $263,000 | 9.1% |
2 Bed | $618,000 | 6.6% |
3 Bed | $833,000 | 6.4% |
4 Bed | $1,116,000 | 7.7% |
| 5 Bed | $1,532,579 | 9.4% |
% of Housing Stock
Rental Trends — Port Chester, NY
As of July '25, Rentcast reports the average rent in Port Chester, NY is $3,390, with a year-over-year rent change of -13.5%. Per bedroom, the median rent as of July '25 in Port Chester, NY is studios: $2,160, 1-bedrooms: $2,600, 2-bedrooms: $3,120, 3-bedrooms: $4,960, 4-bedrooms: $9,700. The most common rental property sizes in Port Chester, NY are 2-bedroom and 1-bedroom, accounting for 37.1% and 25.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,880 | $3,390 |
| Studio Rent | $2,250 | $2,160 |
| 1 Bed Rent | $2,690 | $2,600 |
| 2 Bed Rent | $2,980 | $3,120 |
| 3 Bed Rent | $3,900 | $4,960 |
| 4 Bed Rent | $9,700 | $9,700 |
% of Rental Stock
Property Listings — Port Chester, NY
As of Nov '25, Realtor.com reports that the median days on market for a home in Port Chester, NY is 71. This is a increase of 9.0% 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 5.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $598,000 | 15.0% |
Listing Count | 83 | 72.0% |
| Listings as % of Homes | 0.3% | 72.0% |
Days on Market | 71 | 9.0% |
Demographics — Port Chester, NY
As of the latest ACS Survey released in 2023, Port Chester, NY has a population of 41,000, which has increased by 5.5% over the past 5 years. Port Chester, NY is a moderately popular place for families, as children make up 20.8% of the population. The area has a moderately educated workforce, with 43.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 41,000 | 5.5% |
% Under 18 | 20.8% | -11.9% |
% Seniors | 14.6% | 1.4% |
% WFH | 12.6% | 240.5% |
% w/ College Degree | 43.9% | 19.9% |
As of the latest ACS Survey released in 2023, Port Chester, NY is a predominantly hispanic area, with 47.6% of the population identifying as hispanic. The hispanic population has shrunk by 11.0% in the last 5 years. The second most common race or ethnicity in Port Chester, NY is white, making up 40.1% of the population. Foreign-born residents account for 37.2% of the population in Port Chester, NY, and this percentage has decreased by 3.9% 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 | 40.1% | -0.2% |
% Black | 6.1% | 74.3% |
% Hispanic | 47.6% | -11.0% |
% Asian | 4.6% | 64.3% |
% Foreign Born | 37.2% | -3.9% |
Mortgage and Risk — Port Chester, NY
According to HUD data as of 2023, there were 309 mortgage originations in Port Chester, NY, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Port Chester, NY. Investor activity is low, as 3.0% 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 | 309 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 5.0% |
Rentals and Section 8 — Port Chester, NY
As of 2024, the percent of homes in Port Chester, NY under the Section 8 program is 5.7%. 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 and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Port Chester, NY, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 686 |
Total Units Section 8 | 346 |
% Rentals under Section 8 | 5.7% |
% Occupied Section 8 | 94.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $130 | $2,690 | $2,820 |
| 2 Bedroom | $140 | $2,980 | $3,120 |
| 3 Bedroom | -$10 | $3,900 | $3,890 |
| 4 Bedroom | -$5,510 | $9,700 | $4,190 |
Affordability — Port Chester, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.2 |
| Median Home Price | $844,000 |
| Median Household Income | $111,000 |