Foreclosure Homes in Larchmont, NY 10538

Current Market Conditions in Larchmont, NY

The current real estate market in Larchmont is competitive, with an increasing demand for homes driving prices higher. The village's appeal due to its proximity to New York City and high-quality schools continues to attract new buyers, especially families looking for a suburban lifestyle while remaining close to the city.

Recent trends show that homes in Larchmont sell quickly, often receiving multiple offers above the asking price. This trend is underscored by the limited inventory of homes available for sale, making it challenging for buyers to find properties that meet their needs.

Rent Prices In Larchmont, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Larchmont, NY, is on a rollercoaster ride. The average rent price in Larchmont, NY, is $5,055.00. Indeed, when looking to rent in Larchmont, NY, you can expect to pay as little as $1,330.00 or as much as $7,000.00, with the average rent median estimated to be $5,040.00. The good news is that finding an affordable and desirable property to rent in Larchmont, NY -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.